|[August 11, 2014]
DEADLINE TOMORROW: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Ocean Power Technologies, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of August 12, 2014
NEW YORK --(Business Wire)--
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the District of New
Jersey on behalf of investors who purchased Ocean Power Technologies,
Inc. ("Ocean Power" or the "Company") (NasdaqGM:OPTT) common stock
between January 14, 2013 and June 9, 2014.
For more information, click here: http://zlk.9nl.com/ocean-power-technologies-optt.
The complaint alleges that throughout the Class Period defendants made
materially false and misleading statements and/or omitted materially
adverse facts regarding the Company's businss, operations, and
On June 10, 2014, Ocean Power disclosed that its Chief Executive
Officer, Charles F. Dunleavy, was terminated, and that the Board of
Directors had appointed a Special Committee to investigate an agreement
between Victorian Wave Partners and the Australian Renewable Energy
Agency. Shares of Ocean Power have fallen from a close of $2.47 per
share on June 9, 2014, to a recent close of just $1.70 per share on June
If you suffered a loss in Ocean Power you have until August 12, 2014 to
request that the Court appoint you as lead plaintiff. Your ability to
share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Joseph E. Levi,
Esq. either via email at email@example.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/ocean-power-technologies-optt.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
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