SHAREHOLDER ALERT: Pomerantz Law Firm Has Filed a Class Action Against Ecotality, Inc. and Certain Officers - ECTY

SHAREHOLDER ALERT: Pomerantz Law Firm Has Filed a Class Action Against 
Ecotality, Inc. and Certain Officers - ECTY 
NEW YORK, NY -- (Marketwired) -- 10/11/13 --  Pomerantz Grossman
Hufford Dahlstrom & Gross LLP has filed a class action lawsuit
against Ecotality, Inc. ("Ecotality" or the "Company") (NASDAQ: ECTY)
and certain of its officers. The class action, filed in United States
District Court, Northern District of California, and docketed under
13-cv-03840, is on behalf of a class consisting of all persons or
entities who purchased or otherwise acquired securities of Ecotality
between April 16, 2012 and August 9, 2013 both dates inclusive (the
"Class Period"). This class action seeks to recover damages against
the Company and certain of its officers and directors as a result of
alleged violations of the federal securities laws pursuant to
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and
Rule 10b-5 promulgated thereunder. 
If you are a shareholder who purchased Ecotality securities during
the Class Period, you have until October 14, 2013 to ask the Court to
appoint you as Lead Plaintiff for the class. A copy of the Complaint
can be obtained at www.pomerantzlaw.com. To discuss this action,
contact Robert S. Willoughby at rswilloughby@pomlaw.com or
888.476.6529 (or 888.4-POMLAW), toll free, x237. Those who inquire by
e-mail are encouraged to include their mailing address, telephone
number, and number of shares purchased. 
Ecotality, engages in designing, manufacturing, testing, and
commercializing electric vehicle (EV) charging and energy storage
systems in the United States and internationally. Its primary
products include the Blink line of charging stations for passenger
vehicle applications, such as Blink Level 2 residential and
commercial chargers, and the Blink DC Fast Chargers, as well as a
turnkey network operating system for EV drivers, commercial
businesses, and utilities; and the Minit-Charger line of fast-charge
systems for off-road industrial applications, including material
handling operations and airport ground service equipment.  
The Complaint alleges that throughout the Class Period, Defendants
made false and/or misleading statements, as well as failed to
disclose material adverse facts about the Company's business,
operations, and prospects. Specifically, Defendants made false and/or
misleading statements and/or failed to disclose that: (1) the Company
was facing an impeding shutdown of funds from the United States
Department of Energy ("DOE"); (2) the Company was inappropriately
recognizing revenue and drawing down expenses on its contract with
DOE; (3) the Company's products contained significant design and
manufacturing defects; (4) the Company lacked adequate internal
controls over financial reporting; and, (5) as a result of the
foregoing, the Company's statements were materially false and
misleading at all relevant times. 
On August 12, 2013, the Company disclosed that the DOE had suspended
all payments to the Company, had ordered the Company to cease
incurring new costs under its prior arrangement with DOE, and had
ordered it to notify all of Ecotality's vendors of the DOE's action.
The Company also disclosed that it was unable to correct design and
manufacturing defects in its charging systems, likely requiring a
recall of all connector plugs on the 12,000 charging stations it had
installed to date; and that as a result, it had hired a restructuring
adviser to evaluate options including filing a bankruptcy "in the
very near future." On this news, Ecotality securities declined $1.16
per share or over 79%, to close at $0.35 per share on August 12,
2013. 
The Pomerantz Firm, with offices in New York, Chicago, Florida, and
San Diego, is acknowledged as one of the premier firms in the areas
of corporate, securities, and antitrust class litigation. Founded by
the late Abraham L. Pomerantz, known as the dean of the class action
bar, the Pomerantz Firm pioneered the field of securities class
actions. Today, more than 70 years later, the Pomerantz Firm
continues in the tradition he established, fighting for the rights of
the victims of securities fraud, breaches of fiduciary duty, and
corporate misconduct. The Firm has recovered numerous
multimillion-dollar damages awards on behalf of class members. See
www.pomerantzlaw.com. 
CONTACT:
Robert S. Willoughby
Pomerantz Grossman Hufford Dahlstrom & Gross LLP
rswilloughby@pomlaw.com 
 
 
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