Gainey McKenna & Egleston Announces a Class Action Lawsuit Has Been Filed
Against Tri-Tech Holding Inc. -- TRIT
NEW YORK, Dec. 26, 2013 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston
announces that a class action lawsuit has been filed in the United States
District Court for the Southern District of New York on behalf of all persons
who purchased securities of Tri-Tech Holding Inc. ("Tri-Tech" or the
"Company") (Nasdaq:TRIT) between March 26, 2012 and December 12, 2013.
The Complaint alleges that Tri-Tech made false and misleading statements
and/or failed to disclose that the Company lacked adequate disclosure and
internal controls relating to Tri-Tech's control over its funds. On December
12, 2013, Tri-Tech disclosed for the first time that its former CEO was in
fact terminated due to his violations of the Company's internal policies and
procedures regarding wire transfers. On this news, shares of Tri-Tech fell
$0.17 per share or by approximately 11%, and caused the NASDAQ to halt all
trading in Tri-Tech's stock—damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than
February 18, 2014. A lead plaintiff is a representative party acting on behalf
of other class members in directing the litigation. If you wish to join the
litigation, or to discuss your rights or interests regarding this class
action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of
Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at
email@example.com or firstname.lastname@example.org.
Attorney Advertising -- Prior results do not guarantee a similar outcome with
respect to any future matter. Please visit our website at
http://www.gme-law.com for more information about the firm.
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