INVESTOR ALERT: Law Offices of Howard G. Smith Announces an Expanded Class Period in the Class Action Lawsuit against Ocean P...
August 04 2014 - 10:32AM
Business Wire
Law Offices of Howard G. Smith announces that the shareholder
lawsuit filed on behalf of investors of Ocean Power Technologies,
Inc. (“Ocean Power Technologies” or the “Company”) (NASDAQ:OPTT)
has been expanded to include all purchasers of Ocean Power
Technologies securities between January 14, 2014 and July 14, 2014
(the “Class Period”).
Ocean Power Technologies engages in the development and
commercialization of proprietary systems that generate electricity
by harnessing the renewable energy of ocean waves, primarily in the
United States, Europe, Asia and Australia. The Complaint alleges
that defendants may have misstated the nature and/or circumstances
of an agreement between the Australian Renewable Energy Agency and
Victorian Wave Partners Pty Ltd − a project-specific operating
entity wholly-owned by the Company's subsidiary − related to a
planned wave power station project off the coast of Australia.
If you are a member of the Class described above, you may move
the Court no later than August 12, 2014, to serve as lead
plaintiff, if you meet certain legal requirements. To be a member
of the Class, you need not take any action at this time; you may
retain counsel of your choice or take no action and remain an
absent member of the Class. If you wish to learn more about this
action, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
Law Offices of Howard G. SmithHoward G. Smith,
Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com
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