A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Walter Energy Inc (NYSE: WLT) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on May 9, 2016 and NYSE: WLT investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 04/22/2016 --The Shareholders Foundation announced that a deadline is coming up on May 9, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Walter Energy Inc (NYSE: WLT) between April 20, 2011 and September 21, 2011.

Investors who purchased a significant amount of shares of Walter Energy Inc (NYSE: WLT) between April 20, 2011 and September 21, 2011, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Walter Energy Inc (NYSE: WLT) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/walter-energy-inc-nyse-wlt-investor-securities-class-action-lawsuit-01262012

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is May 9, 2016. The class action administrator for this case is Epiq Systems, Inc.

The lawsuit was originally filed in the U.S. District Court for the Northern District of Alabama against Walter Energy Inc over alleged Violations of Federal Securities Laws in connection with certain of its financial statements made between April 20, 2011 and September 21, 2011. According to the complaint the plaintiff alleges on behalf of purchasers of the common stock of Walter Energy Inc (NYSE: WLT) between April 20, 2011 and September 21, 2011, that Walter Energy Inc and certain of its officers and directors violated the Securities Exchange Act of 1934 by allegedly issuing materially false and misleading statements regarding Walter Energy Inc's business and prospects.

Those who purchased shares of Walter Energy Inc (NYSE: WLT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com