NEW YORK--(BUSINESS WIRE)--
Levi & Korsinsky announces it has commenced an investigation of Rentech, Inc. (RTK). On February 21, 2017, Rentech announced that the Company would idle its Wawa facility due to equipment and operational issues that would require additional unbudgeted capital investments. Rentech also cited “continued uncertainty” about the profitability of pellets produced at the facility and advised investors that it was exploring strategic alternatives for both the Wawa facility and the Company as a whole. Following this news, shares of Rentech fell 47% on intraday trading. To obtain additional information, go to:
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