AEGEAN MARINE SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline i...
July 13 2018 - 10:50PM
Business Wire
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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ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com