Aug. 23, 2013
/PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at KiOR, Inc. ("KiOR" or the "Company") (NASDAQ: KIOR).
The investigation focuses on whether the Company and its executives violated federal securities laws with respect to its disclosures concerning business, operational, and compliance policies. Specifically, the investigation focuses on whether: (i) KiOR made false and misleading statements concerning its ability to produce enough biofuel to be commercially meaningful during the timeframes it announced and (ii) the Company had inadequate internal controls regarding the production level calculation and forecasting at its
August 8, 2013
, KiOR announced that it shipped over 75,000 gallons of cellulosic fuel from
, contrasting with its
estimation of producing 300,000 to 500,000 gallons. Following this news, the stock dropped 9.8%.
Request more information now by clicking here: www.faruqilaw.com/KIOR
. There is no cost or obligation to you.
If you invested in KiOR stock or options between
August 14, 2012
August 7, 2013
and would like to discuss your legal rights, visit
. You can also contact us by calling
toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
Faruqi & Faruqi, LLP also encourages anyone with information regarding KiOR's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
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