SOURCE: Holzer Holzer & Fistel, LLC

February 20, 2009 11:59 ET

Holzer Holzer & Fistel, LLC Announces That a Shareholder Class Action Has Been Filed Against Intrepid Potash, Inc. (NYSE: IPI)

ATLANTA, GA--(Marketwire - February 20, 2009) - A shareholder class action lawsuit has been filed in the United States District Court for the District of Colorado against Intrepid Potash, Inc. ("Intrepid" or the "Company") (NYSE: IPI) and certain of its officers and directors on behalf of purchasers of Intrepid securities who purchased pursuant or traceable to the April 21, 2008 Initial Public Offering (the "IPO").

The lawsuit alleges the Company violated the Securities Act of 1933 by issuing false and misleading statements to the public in its Registration Statement and Prospectus. Specifically, the complaint alleges, among other things, that the Company's Registration Statement contained material misrepresentations concerning the educational background of its President and Chief Operating Officer who subsequently resigned from the Company following the disclosure.

Purchasers of Intrepid securities with questions concerning their legal rights are invited to contact Holzer Holzer & Fistel, LLC and its attorneys Michael I. Fistel Jr., Esq., or Marshall P. Dees, Esq. via email at mfistel@holzerlaw.com, or mdees@holzerlaw.com, or via toll-free telephone at (888) 508-6832.

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm. Holzer Holzer & Fistel, LLC has paid for the dissemination of this promotional communication, and Michael I. Fistel, Jr. is the attorney responsible for its content.