SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Ocean Power Technologies, Inc. ...
July 29 2014 - 5:50PM
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the District of New
Jersey on behalf of investors who purchased Ocean Power
Technologies, Inc. ("OPTT" or the "Company") (Nasdaq:OPTT) common
stock between January 14, 2013 and June 9, 2014.
Click here to learn about the case:
http://docs.wongesq.com/OPTT-Info-Request-Form-329.
There is no cost or obligation to you.
The complaint alleges that throughout the Class Period
defendants made materially false and misleading statements and/or
omitted materially adverse facts regarding the Company's business,
operations, and prospects.
On June 10, 2014, Ocean Power disclosed that its Chief Executive
Officer, Charles F. Dunleavy, was terminated, and that the Board of
Directors had appointed a Special Committee to investigate an
agreement between Victorian Wave Partners and the Australian
Renewable Energy Agency. Shares of Ocean Power fell from a close of
$2.47 per share on June 9, 2014, to a recent close of just $1.21
per share on July 28, 2014.
If you suffered a loss in OPTT you have until August 12, 2014 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Vincent Wong,
Esq. either via email vw@wongesq.com, by telephone at 212.425.1140,
or visit
http://docs.wongesq.com/OPTT-Info-Request-Form-329.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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