Law Offices of Todd M. Garber Announces Class Action Lawsuit Against Atlantic Power Corporation

  Law Offices of Todd M. Garber Announces Class Action Lawsuit Against
  Atlantic Power Corporation

Business Wire

LOS ANGELES -- April 12, 2013

The Law Offices of Todd M. Garber announces that a class action lawsuit has
been filed in the United States District Court for the District of
Massachusetts on behalf of a class (the “Class”) comprising all purchasers of
the common stock of Atlantic Power Corporation (“Atlantic Power” or the
“Company”) (NYSE:AT) between July 23, 2010 and March 4, 2013, inclusive (the
“Class Period”). Atlantic Power operates as a power generation and
infrastructure company with a portfolio of assets in the United States and

The Complaint alleges that throughout the Class Period the defendants made
false and/or misleading statements or failed to disclose material adverse
facts about the Company’s business, operations and prospects. Specifically,
the Complaint alleges that the Company and its President and Chief Executive
Officer, Barry Welch, made false and misleading statements regarding the
sustainability of Atlantic Power’s stock dividend, which was regarded by the
Company as one of its corporate objectives.

On February 28, 2013 the Company announced a reduction in the annual dividend
level to Cdn$0.40 per share, or Cdn$0.03333 per share on a monthly basis. On
this news, shares of the Company declined $2.85 per share, or 28.59%, to close
on March 1, 2013 at $7.12 per share on unusually heavy volume, and further
declined $1.21 per share, or 16.99%, to close on March 4, 2013 at $5.91 per
share, also on unusually heavy volume.

If you are a member of the above-described Class, you may move the Court no
later than May 7, 2013 to serve as lead plaintiff; however, you must meet
certain legal requirements. To be a member of the Class you need not take any
action at this time, or you may retain counsel of your choice. If you have
information or would like to learn more about these claims, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Todd M. Garber, Esquire, of the Law
Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.


Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
Los Angeles, California
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