Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of
$100,000 Investing in Active Power, Inc. to Contact the
NEW YORK, NY -- (Marketwired) -- 10/29/13 -- Faruqi & Faruqi, LLP, a
leading national securities law firm, reminds investors in Active
Power, Inc. ("Active Power" or the "Company") (NASDAQ: ACPW) of the
November 12, 2013 deadline to seek the role of lead plaintiff in a
federal securities class action lawsuit filed against Active Power
and certain executives.
A complaint has been filed on behalf of all persons who purchased
Active Power common stock between April 30, 2013 and September 5,
2013 (the "Class Period") in the Western District of Texas.
The complaint alleges that the Company and its executives violated
federal securities laws with respect to its disclosures concerning
its business, operations, and prospects.
Specifically, the action alleges that throughout the Class Period
Active Power issued false and/or misleading statements regarding the
Company's strategic partnership with Digital China Information
Service Company Limited ("Digital China").
On September 5, 2013, Active Power announced that the agreement with
Digital China was actually with Qiyuan Network System Limited and
described the Company's experience in China as "unpredictable."
Following this news, the Company's stock declined $0.48 per share, or
over 13%, to close at $3.02 per share on September 6, 2013.
Request more information now by clicking here:
www.faruqilaw.com/ACPW. There is no cost or obligation to you.
If you invested in Active Power stock or options between April 30,
2013 and September 5, 2013 and would like to discuss your legal
rights, visit www.faruqilaw.com/ACPW. You can also contact us by
calling Richard Gonnello or Francis McConville toll free at
877-247-4292 or at 212-983-9330 or by sending an e-mail to
email@example.com or firstname.lastname@example.org. Faruqi &
Faruqi, LLP also encourages anyone with information regarding Active
Power's conduct to contact the firm, including whistleblowers, former
employees, shareholders and others.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm's clients. To keep track of the latest securities
litigation news, follow us on Twitter at
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Attorney Advertising. The law firm responsible for this advertisement
is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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