Saxena White P.A. Files Securities Fraud Class Action Against Atlantic Power Corporation

Saxena White P.A. Files Securities Fraud Class Action Against Atlantic Power 
Corporation 
BOCA RATON, FL -- (Marketwire) -- 03/15/13 --  Saxena White P.A. has
filed a securities fraud class action lawsuit in the United States
District Court for the District of Massachusetts against Atlantic
Power Corporation ("Atlantic Power" or the "Company") (NYSE: AT) on
behalf of investors who purchased or otherwise acquired the common
stock of the Company during the period from August 8, 2012 through
February 28, 2013 (the "Class Period"). The complaint brings forth
claims for violations of the Securities Exchange Act of 1934. 
The complaint charges that Atlantic Power violated federal securities
laws by making false and misleading statements regarding the
sustainability of Atlantic Power's common stock dividend throughout
the Class Period. On February 28, 2013 in a press release, the
Company stated that in order to "target a lower, more sustainable
payout ratio that balances yield and growth," the Board, with
management's recommendation was cutting AT's common stock dividend by
more than 50% commencing with the March 2013 dividend. The market
reacted immediately and the price of AT common stock fell from an
opening price of $10.25 per share on February 28, 2012 to a closing
price of $7.12 per share on March 1, 2013, and a further drop on
March 4 to a $5.91 per share closing price, on trading volume of over
9 million shares.  
You may obtain a copy of the complaint and join the class action at
www.saxenawhite.com. If you purchased Atlantic Power stock between
August 8, 2012 and February 28, 2013, inclusive, you may contact Joe
White (jwhite@saxenawhite.com) or Marc Grobler
(mgrobler@saxenawhite.com) at Saxena White P.A. to discuss your
rights and interests. 
Please note that an additional class action complaint was recently
filed against Atlantic Power with an expanded Class Period from
between July 23, 2010 through March 4, 2013. If you purchased
Atlantic Power common stock during that Class Period of July 23, 2010
through March 4, 2013, inclusive, and wish to apply to be the lead
plaintiff in this action, a motion on your behalf must be filed with
the Court no later than May 7, 2013. You may contact Saxena White
P.A. to discuss your rights regarding the appointment of lead 
plaintiff and your interest in the class action. Please note that you
may also retain counsel of your choice and need not take any action
at this time to be a class member. 
Saxena White P.A., located in Boca Raton, specializes in prosecuting
securities fraud and complex class actions on behalf of institutions
and individuals. Currently serving as lead counsel in numerous
securities fraud class actions nationwide, the firm has recovered
hundreds of millions of dollars on behalf of injured investors and is
active in major litigation pending in federal and state courts
throughout the United States. 
Joseph E. White, III
jwhite@saxenawhite.com 
Marc Grobler
mgrobler@saxenawhite.com 
Saxena White P.A.
2424 North Federal Highway, Suite 257
Boca Raton, FL 33431
Tel: (561) 394-3399
Fax: (561) 394-3382
www.saxenawhite.com