NEW ORLEANS, July 6, 2018 /PRNewswire/ -- ClaimsFiler, a
FREE shareholder information service, reminds investors that they
have until August 6, 2018 to
file lead plaintiff applications in a securities class action
lawsuit against Aegean Marine Petroleum Network Inc. (NYSE: ANW),
if they purchased the Company's shares between April 28, 2016, and June
4, 2018, inclusive (the "Class Period"). This action
is pending in the United States
District Court for the Southern District of New York.
Get Help
Aegean investors should visit us at
https://www.claimsfiler.com/cases/view-aegean-marine-petroleum-network-inc-securities-litigation-1
or call to speak to our claim center toll-free at (844) 367-9658.
About the Lawsuit
Aegean and certain of its executives are charged with failing to
disclose material information during the Class Period, violating
federal securities laws.
On June 4, 2018, Aegean provided
an update on its ongoing audit committee review, specifically that
"approximately $200 million of
accounts receivable owed to the Company at December 31, 2017 will need to be written off"
and that "the Company cannot determine the full impact on the
financial statements or how this adjustment will be
recorded...there could be other adjustments that result from the
Audit Committee's review that could impact the financial
statements."
On this news, the price of Aegean's shares plummeted.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler's
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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