April 13, 2023

Vertex Energy Inc Common Stock (NASDAQ: VTNR)

Company Name:Vertex Energy Inc Common Stock

Stock Symbol:NASDAQ: VTNR

Class Period Start:04/01/2022

Class Period End (inclusive):08/08/2022

Filing Deadline:06/12/2023

Vertex and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. On August 9, 2022, pre-market, the Company disclosed massive 2Q2022 losses incurred at its Mobile refinery, a net loss of $63.8 million, and that adjusted EBITDA for the Mobile refinery, even after adjusting for certain incurred losses, was only $63.6 million, compared to the prior guidance of $120-$130 million in the second quarter, a total shortfall of 50%. On this news, shares of Vertex fell by 44% or $6.18 per share.

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4. While there is no attorney-client relationship established by you and any third-party law firm, absent you entering into a retention of said firm, all third-party firm(s) associated with ClaimsFiler.com will keep confidential the information you provide when you ask us to evaluate a possible claim or other legal problem, to the same extent that such information would be confidential if an attorney-client relationship actually existed between you and such firm(s). All information provided by you will remain confidential regardless of whether any third-party attorney-client relationship is created.
5. ClaimsFiler.com reserves the right to reveal confidential information only if: (1) we believe it is necessary to prevent your committing a crime that is likely to result in death or substantial bodily harm; (2) we must establish a claim or to defend ClaimsFiler.com in a controversy with you; or (3) to respond to allegations about how we have represented you.
6. Not withstanding the foregoing, Professional and High Net Worth Members of ClaimsFiler.com are entitled to receive unlimited communications with personal Securities Attorneys. To take advantage of this special benefit and to submit your inquiries directly to an Attorney, a special “Contact Lawyer” email link will be provided to you on your profile page. You should use this link to initiate communication directly with your Securities Attorney. Professional and High Net Worth Members are also entitled to received fully contingent legal representation in matters relating to federal securities fraud, negligence and breaches of fiduciary duty claims against publicly traded companies. The ultimate decision to accept legal representation in any matter is subject to the legal analysis and opinion of the Securities Attorney and is final. The establishment of any attorney/client retention agreement for representation is directly between you and the Securities Attorney, independent of ClaimsFiler.com.

Recent Security Class Actions

Vertex Energy Inc Common Stock (NASDAQ: VTNR)

Real Time Class Action Monitoring for ALL of Your Investment Accounts

No Matter Your Brokerage,
We have you Covered

Terms of Service

Privacy Policy

Scope

Personal Information We May Collect and Where It Comes From

Information You Provide To ClaimsFiler

Information We Collect From Your Financial Account

Information We Collect From Your Devices

Information We Receive About You From Other Sources

How We Disclose And Use Information

How We Share Your Information

How We Handle / Secure Your Information

Our Legal Basis for Handling Your Information

International Visitors

Children’s Privacy

Data Retention

Data Deletion

Updates To This Privacy Policy

Contact Us

Recent Security Class Actions

Vertex Energy Inc Common Stock (NASDAQ: VTNR)

Real Time Class Action Monitoring for ALL of Your Investment Accounts

No Matter Your Brokerage,We have you Covered

Terms of Service

Privacy Policy

Scope

Personal Information We May Collect and Where It Comes From

Information You Provide To ClaimsFiler

Information We Collect From Your Financial Account

Information We Collect From Your Devices

Information We Receive About You From Other Sources

How We Disclose And Use Information

How We Share Your Information

How We Handle / Secure Your Information

Our Legal Basis for Handling Your Information

International Visitors

Children’s Privacy

Data Retention

Data Deletion

Updates To This Privacy Policy

Contact Us

No Matter Your Brokerage,
We have you Covered