Top Trial Firm Cohen, Placitella & Roth, PC Investigating Active Power, Inc., for Misrepresentation of Strategic Partner

Top Trial Firm Cohen, Placitella & Roth, PC Investigating Active Power, Inc.,
                  for Misrepresentation of Strategic Partner

PR Newswire

PHILADELPHIA, Oct. 23, 2013

PHILADELPHIA, Oct. 23, 2013 /PRNewswire/ -- Cohen, Placitella & Roth, PC is
investigating claims on behalf of investors who purchased Active Power, Inc.
("Active Power" or the "Company") (Nasdaq: ACPW) stock between April 30, 2013
and September 5, 2013, inclusive. The investigation concerns whether Active
Power and certain of its officers and/or directors disseminated material false
and misleading information to investors in violation of Sections 10(b), and
20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, promulgated
thereunder.

Active Power designs, manufactures, and services uninterruptible power supply
products and modular infrastructure solution products that provide electrical
power continuity and integrated infrastructure platforms for data centers and
other mission-critical applications. On April 30, 2013, Active Power announced
that it had broadened its market reach inAsia"with the addition ofDigital
Chinaas one of our strategic distribution partners." Its relationship with
Digital China, the Company disclosed, would allow it to increase its revenues
and profitability, adding that "[w]e have already engaged with Digital China
on large data center projects for which we anticipate field product deployment
later this year." On September 6, 2013, after the close of trading, the
Company retracted its guidance, citing disappointing results from the
distribution relationship in China. The Company attributed the poor results to
its having "previously announced in error that a partnership agreement with
Digital China Information Service Company Limited was entered into on April
30, 2013." The Company added that ". . .the company's previously announced
agreement in China is with Qiyuan Network System Limited, which the company's
management discovered[,] is neither an affiliate nor a subsidiary of Digital
China Information Service Company Limited." On this news, shares of Active
Power stock fell over 13%, dropping from a close of $3.50 per share on
September 5, 2013, to close at $3.02 per share on September 6, 2013.

If you have any information on Active Power's guidance or its relationship
with Digital China or you wish to discuss what rights you may have related to
a loss in your investment in Active Power, please contact Eduardo Texidor Jr.
at etexidor@cprlaw.com or, toll free, at 1-888-375-7600. For those investors
inquiring via email, please be sure to include "Active Power" in the subject
line, the number of shares purchased, and your mailing address and telephone
number.

Since 1973, Cohen, Placitella & Roth, PC has been recognized as one of the
premier trial law firms in the country. The firm has extensive experience in
prosecuting securities litigation involving violations of the federal
securities laws, state law derivative actions and mergers and acquisitions
cases, representing institutional investors such as public pension plans and
union pension funds as well as individual shareholders suffering substantial
investment losses due to corporate misconduct. LexisNexis Martindale-Hubbell®
annually reports Cohen, Placitella & Roth's peer rating-the highest AV® - "a
testament to professional excellence." Since the inauguration of its "Best Law
Firms"' edition in 2010, U.S. News and World Report has annually listed Cohen,
Placitella & Roth's as one of the top-tier class action law firms in the
country.

Contact:
Eduardo Texidor Jr.
Cohen, Placitella & Roth, PC
Toll free: 1-888-375-7600
etexidor@cprlaw.com

SOURCE Cohen, Placitella & Roth, PC

Website: http://www.cprlaw.com
 
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