NEW YORK, Oct. 12, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. reminds investors of the important November 21, 2012 lead plaintiff deadline in the class action lawsuit on behalf of investors purchased the common stock of Patriot Coal Corporation (OTCBB:PCXCQ) during the period from October 21, 2010 to July 6, 2012.

To join the Patriot class action, visit the firm's website at http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com.

The securities class action alleges that defendants issued materially false financial statements for Patriot by capitalizing the costs of an expensive environmental remediation program, rather than expensing the costs as incurred. As a result, Patriot reported materially greater net income than actually earned under generally accepted accounting principles.

If you wish to serve as lead plaintiff, you must move the Court no later than November 21, 2012. 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, or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com. You may also visit the firm's website at http://rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

CONTACT: Laurence Rosen, Esq.
         Phillip Kim, Esq.
         The Rosen Law Firm P.A.
         275 Madison Avenue, 34th Floor
         New York, New York 10016
         Tel:  (212) 686-1060
         Weekends Tel: (917) 562-8616
         Toll Free: 1-866-767-3653
         Fax: (212) 202-3827
         lrosen@rosenlegal.com
         pkim@rosenlegal.com
         www.rosenlegal.com