|[September 10, 2013]
Glancy Binkow & Goldberg LLP Announces Investigation of Active Power, Inc.
LOS ANGELES --(Business Wire)--
Binkow & Goldberg LLP announces that it is investigating
potential claims on behalf of investors of Active
Power, Inc. ("Active Power" or the "Company") (NASDAQ:ACPW)
concerning possible violations of federal securities laws. The
investigation concerns certain statements issued by Active Power between
April 30, 2013 and September 5, 2013.
Please contact us at 212-682-5340, Toll-Free at 888-773-9224, or at email@example.com
to discuss this matter. If you inquire by email please include your
mailing address, telephone number and number of shares purchased.
Active Power designs, manufactures and services uninterruptible power
supply products and integrated infrastructure platforms for data centers
and other applications. The investigation is rlated to the Company's
April 30, 2013 announcement that Active Power had entered into a
partnership agreement with the largest infrastructure technology company
On September 5, 2013, the Company disclosed that the April 30, 2013
announcement was erroneous, and that actually the Company had entered
into a partnership agreement with an entity not affiliated with the
largest information technology company in China. Following this news,
Active Power shares declined $0.48 per share, or 13.71%, to close on
September 6, 2013, at $3.02 per share, on unusually heavy trading volume.
If you purchased Active Power shares between April 30, 2013 and
September 5, 2013, if you have information or would like to learn
more about these claims, or if you purchased shares before April 30,
2013 and have any questions concerning this announcement or your rights
or interests with respect to these matters, please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at
888-773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at 212-682-5340, by e-mail
or visit our website at http://www.glancylaw.com.
If you inquire by email, please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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