Tue, July 19, 2011
Mon, July 18, 2011
Sun, July 17, 2011
Sat, July 16, 2011
Fri, July 15, 2011
Thu, July 14, 2011
Wed, July 13, 2011
Tue, July 12, 2011
Mon, July 11, 2011
Sun, July 10, 2011
Sat, July 9, 2011
Fri, July 8, 2011
[ Fri, Jul 08th 2011 ] - Market Wire
??????????????????????????
Thu, July 7, 2011
Wed, July 6, 2011
Tue, July 5, 2011
Mon, July 4, 2011
Sun, July 3, 2011
Sat, July 2, 2011
Fri, July 1, 2011

Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against A-Power Generation Systems, Ltd.


//business-finance.news-articles.net/content/201 .. suit-against-a-power-generation-systems-ltd.html
Published in Business and Finance on by Market Wire   Print publication without navigation


LOS ANGELES--([ BUSINESS WIRE ])--Notice is hereby given that Glancy Binkow & Goldberg LLP has filed a class action lawsuit in the United States District Court for the Central District of California on behalf of a class consisting of all persons or entities who purchased the securities of A-Power Generation Systems, Ltd. (aA-Powera or the aCompanya) (NASDAQ:APWR), between March 31, 2008 and June 27, 2011, inclusive (the aClass Perioda).

A copy of the Complaint is available from the court or from Glancy Binkow & Goldberg LLP. Please contact us by phone to discuss this action or to obtain a copy of the Complaint at (310) 201-9150 or Toll Free at (888) 773-9224, by email at [ shareholders@glancylaw.com ], or visit our website at [ http://www.glancylaw.com ].

A-Power, through its subsidiaries, provides onsite distributed power generation systems and micro power grids for industrial companies, primarily in the Peoplea™s Republic of China. The Complaint alleges that during the Class Period defendants issued a series of materially false and misleading statements concerning the Company's business and financial performance. Specifically, defendants made false and/or misleading statements and/or failed to disclose that: (1) the Company improperly accounted for its related-party transactions such that its financial statements were presented in violation of Generally Accepted Accounting Principles (GAAP); (2) the Company's revenues and income were misstated in violation of GAAP; (3) the Company's revenue and income reported in its filings with the U.S. Securities and Exchange Commission were overstated as the Company reported materially lower revenue and net income in its filings with Chinaa™s State Administration for Industry and Commerce (SAIC); (4) the Company lacked adequate internal and financial controls; and (5), as a result of the foregoing, the Company's financial results were materially false and misleading at all relevant times.

Plaintiff seeks to recover damages on behalf of class members and is represented by Glancy Binkow & Goldberg LLP, a law firm with significant experience in prosecuting class actions, and substantial expertise in actions involving corporate fraud.

If you are a member of the class described above, you may move the Court, no later than August 31, 2011, to serve as lead plaintiff; however, you must meet certain legal requirements. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1801 Avenue of the Stars, Suite 311, Los Angeles, California 90067, by telephone at (310) 201-9150 or Toll Free at (888) 773-9224, by e-mail to [ shareholders@glancylaw.com ], or visit our website at [ http://www.glancylaw.com ].


Publication Contributing Sources