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Investor Alert: Kahn Swick & Foti, LLC And Partner Former Louisiana Attorney General Remind Investors With Large Financial Interests Of Lead Plaintiff Deadline In Lawsuit Molycorp, Inc.

First paragraph, first sentence of release (dated February 6, 2012), the lead plaintiff date should be April 3, 2012 (sted March 26, 2012).

The corrected release reads:

INVESTOR ALERT: KAHN SWICK & FOTI, LLC AND PARTNER FORMER LOUISIANA ATTORNEY GENERAL REMIND INVESTORS WITH LARGE FINANCIAL INTERESTS OF LEAD PLAINTIFF DEADLINE IN LAWSUIT MOLYCORP, INC.

Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April 3, 2012 to file lead plaintiff applications in a securities class action lawsuit against Molycorp, Inc. (“Molycorp”) (NYSE:MCP), if they purchased the Company’s common stock during the period between March 9, 2011 and November 10, 2011 (the “Class Period”). The lawsuit was filed in the U.S. District of Colorado.

What You May Do

If you purchased shares of Molycorp and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, e-mail or call KSF Managing Partner, Lewis Kahn ( lewis.kahn@ksfcounsel.com), toll free, 877-515-1850, or via cell phone any time at 504-301-7900, or KSF Director of Client Relations, Neil Rothstein, Esq. ( neil.rothstein@ksfcounsel.com), toll free at 877-694-9510, or via cell phone any time at 330-860-4092. If you wish to serve as a lead plaintiff in this class action by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by April 3, 2012. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

About the Lawsuit

Molycorp and certain of its senior executives are charged with issuing a series of materially false and misleading statements, during the Class Period, in violation of Section 10(b) and 20(a) of the Exchange Act and Rule 10b-5 promulgated thereunder.

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