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Last $0.30 USD
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ALTI On Other Exchanges
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

altair nanotechnologies inc (ALTI) Snapshot

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52 Week High
09/3/14 - $4.93
52 Week Low
08/24/15 - $0.20
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altair nanotechnologies inc (ALTI) Details

Altair Nanotechnologies Inc. develops, manufactures, and sells nano lithium titanate batteries and energy storage systems primarily in the United States and China. It offers nano lithium titanate battery cells; modules; packs; and turn-key energy storage systems, including 24V, 36V, and 48V industrial and transportation systems; a configurable industrial PowerRack system; and large-scale systems for the electric grid. The company also provides contract research services to develop intellectual property and/or new products and technology. It markets its energy storage solutions to power companies and electric grid operators; and batteries to electric and hybrid-electric mass-transit vehicle manufacturers, and other industrial markets. The company was formerly known as Altair International Inc. and changed its name to Altair Nanotechnologies Inc. in July 2002. Altair Nanotechnologies Inc. was founded in 1973 and is headquartered in Reno, Nevada. Altair Nanotechnologies, Inc. operates as a subsidiary of Energy Storage Technology (China) Group Limited.

90 Employees
Last Reported Date: 04/1/13
Founded in 1973

altair nanotechnologies inc (ALTI) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

altair nanotechnologies inc (ALTI) Key Developments

Altair Nanotechnologies, Inc. Appoints Marcum LLP as Independent Registered Public Accounting Firm

On April 2, 2015, Altair Nanotechnologies Inc. appointed Marcum LLP as the company's new independent registered public accounting firm for the fiscal years ended December 31, 2013 and December 31, 2014.

Levi & Korsinsky, LLP Announces Class Action Lawsuit against Altair Nanotechnologies Inc

Levi & Korsinsky announced that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Altair Nanotechnologies Inc. common stock between May 15, 2013 and September 4, 2014.

Pomerantz LLP Files Class Action Against Altair Nanotechnologies, Inc. and Certain Officers

Pomerantz LLP has filed a class action lawsuit against Altair Nanotechnologies, Inc. and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 14-cv-7828, is on behalf of a class consisting of all persons or entities who purchased Altair securities between May 15, 2013 and September 4, 2014, inclusive. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operational and compliance policies, and internal controls over financial reporting. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: the company was experiencing significant executive management and accounting level turnover in 2013 which led to a lack of segregation of duties throughout the Company and resulted in a lack of controls to perform a timely review of transactions at an appropriate level of precision; the company did not implement adequate procedures and controls over the 2013 year-end financial close and reporting process to ensure timely filings in compliance with its financial reporting requirements; the company did not implement adequate procedures and controls to appropriately evaluate routine and non-routine transactions, and as a result, did not detect the material misstatements that were identified by its auditor during its audit process; the company did not implement adequate procedures and controls to ensure accurate and timely communication with its subsidiaries in China; and as a result of the foregoing, the company did not implement adequate procedures and controls to ensure the completeness and accuracy of its consolidated financial statements and related subsequent events.


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