project off the coast of Australia. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. If you wish to learn more about this action, or have any Please tell us about yourself by completing the form below and we will provide you with additional information at no cost to you on how to join the Class Action. This notice may constitute Attorney Advertising. The news resulted in an immediate 34 percent drop in the price of OPTT stock and the filing of a spate of class-action lawsuits. (Wilmington, DE) Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announces that a federal securities class action lawsuit has been commenced by a shareholder against Ocean Power Technologies, Inc. (“OPTT” or the “Company”) (NASDAQ: OPTT) and the former CEO Charles Dunleavy for securities fraud. Ocean Power Technologies Announces Fiscal Second Quarter 2019 Financial Resul.. Yahoo is part of Verizon Media. We are committed to developing capabilities and relationships in our . The committee will retain outside counsel to assist with the investigation, the release stated. Ocean Power Technologies Welcomes Kristine S. Moore as its Newest Member of i.. Renewable Energy Equipment & Services - NEC.

Law office Faruqi and Faruqi, LLP, noted that the litigation was filed in the same court for the previously mentioned class period. Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) To be a member of the The law firm Kirby McInerney (New York and San Diego) also entered the fray, filing a class-action lawsuit in the United States District Court for the District of New Jersey on behalf of investors who had acquired OPTT securities from January 14, 2014 through June 9, 2014 (known as the Class Period). 135 . Large Firm Sophistication – Small Firm Values, (Wilmington, DE) Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, announces that a federal securities class action lawsuit has been commenced by a shareholder against Ocean Power Technologies, Inc. (“OPTT” or the “Company”) (NASDAQ: OPTT) and the former CEO Charles Dunleavy for securities fraud.

You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates. Prior results do not guarantee a similar outcome. As a result, defendants’ statements settlement to the class-action lawsuit that was initiated in 2014. Ocean Power Technologies Schedules New Products Update Conference Call and We.. Any stockholder who acquired interests during the class period have an option to speak with Richard Gonnello. Keller, who had served as a nonexecutive director of the company since October 2013, is an accomplished power industry executive. concerning the Victorian Wave Partners project, and positive statements Ocean Power Technologies Signs Master Service Contract with a Leading Offshor.. For shareholders who are interested in learning more about the case and how it could affect them, it is an option to discuss any matters regarding their rights and interests with the law office. Power Technologies, Inc. (“Ocean Power Technologies” or the As we go to press, two additional suits have been filed: New York firm Wolf Haldenstein Adler Freeman & Herz filed its class-action lawsuit June 18 and Gainey McKenna & Egleston (New York) announced its suit June 20. Ocean Power Technologies Signs Master Service Contract with a Leading Offshore Oil and Gas Operator, Ocean Power Technologies Announces Third Quarter Fiscal 2019 Results. (A copy of the complaint can be found here). We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. no later than 60 days from the date of this Notice to serve as lead #ForwardTogether, Copyright © 2019 NJ TECH WEEKLY ALL RIGHTS RESERVED, Ocean Power Technologies fired its CEO. 134 . 888-773-9224orGlancy Binkow & Goldberg LLP, New York, NYGregory Sitemap | Legal | Law Firm Essentials by PaperStreet Web Design, 3801 Kennett Pike Building C, Suite 305 Wilmington, DE 19807, www.linkedin.com/company/andrews-&-springer-llc, http://www.andrewsspringer.com/cases-investigations/optt. or visit our website at http://www.glancylaw.com. class (the “Class”) comprising all purchasers of Ocean Power Law firm Rigrodsky and Long, P.A., noted that the litigation was filed in the U.S. District Court for the District of New Jersey against Ocean Power Technologies, Inc. © 2020 BATTEA CLASS ACTION SERVICES, LLC, ALL RIGHTS RESERVED, Ocean Power Technologies receives securities class action lawsuit, Class Action Award Processing & Distribution, Securities Class Action Settlement History, ← Bankrate agrees to securities class action settlement, Pacific Biosciences receives securities class action settlement →.
The company also removed its CEO after filing a Form 8-K, which saw its stock decline by more than 34 percent.
The news resulted in an immediate 34 percent drop in the price of OPTT stock and the filing of a spate of class-action lawsuits.

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