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TMCNet:  POWERSECURE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates PowerSecure International, Inc. Following Disappointing Results and Analysts Downgrades

[May 12, 2014]

POWERSECURE INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates PowerSecure International, Inc. Following Disappointing Results and Analysts Downgrades

NEW ORLEANS --(Business Wire)--

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC ("KSF"), announces that KSF has commenced an investigation into PowerSecure International, Inc. (NYSE: POWR).

On May 7, 2014, PowerSecure announced its results for the first quarter of 2014, disclosing a net loss of 17 cents a share and revenue of $52.8 million, compared to analysts' earnings estimates of profits of 2 cents per share and revenues or $59.33 million. Additionally, PowerSecure expects a second-quarter net loss between 15 cents and 9 cents a share, whereas analysts had expected profits of 15 cents.

On this news, PowerSecure was downgraded by multiple analysts, and the price of its shares plummeted by over 64%-frm $18.60 on May 7 to $6.59 on May 12, 2014.


KSF's investigation is focusing on whether PowerSecure and/or its officers and directors violated state or federal securities laws.

If you have information that would assist KSF in its investigation, or would like to discuss your legal rights, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com) or KSF Partner Melinda Nicholson (melinda.nicholson@ksfcounsel.com) toll free at 1-877-515-1850.

About Kahn Swick & Foti, LLC

KSF, whose partners include the Former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities class action and shareholder derivative litigation with offices in New York and Louisiana. KSF's lawyers have significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders.

To learn more about KSF, you may visit www.ksfcounsel.com.


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