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Pawar Law Group Reminds Investors of Deadline in Securities Class Action Lawsuit Against Dynagas LNG Partners LP – DLNG, DLNG-PA

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NEW YORK, June 03, 2019 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Dynagas LNG Partners LP (NYSE:DLNG, DLNG-PA)) from February 16, 2018 through March 21, 2019, inclusive (the "Class Period"). The lawsuit seeks to recover damages for Dynagas investors under the federal securities laws.

To join the Dynagas class action, go to http://pawarlawgroup.com/cases/dynagas-lng-partners-lp/ or call Vik Pawar, Esq. toll-free at 888-589-9804 or email info@pawarlawgroup.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Dynagas entered into new contracts which were not favorable to Dynagas as they provided the Company with lower spot charter rates which significantly reduced revenue than previous contracts with; (2) the distribution rate would not be sustainable in the long term because the fixed revenue from long-term contracts; and (3) as a result, Dynagas' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 16, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://pawarlawgroup.com/cases/dynagas-lng-partners-lp/  or to discuss your rights or interests regarding this class action, please contact Vik Pawar, Esq. of Pawar Law Group toll free at 888-589-9804 or via e-mail at info@pawarlawgroup.com.

No class has been certified.  Until a class is certified, you are not represented by counsel unless you hire one.  You may hire counsel of your choice.  You may also do nothing at this time and be an absent member of the class.  Your ability to share in any future recovery is not dependent upon being a lead plaintiff. 

Pawar Law Group represents investors from around the world.

Contact:  
Vik Pawar, Esq.  
Pawar Law Group  
20 Vesey Street, Suite 1210  
New York, NY 10007  
Tel: (917) 261-2277  
Fax: (212) 571-0938  
info@pawarlawgroup.com  

Pawar-Law-Group-logo-gold.png

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