ATTENTION ADVANCED EMISSIONS SHAREHOLDERS: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Advan...
January 30 2015 - 9:17AM
Business Wire
Shareholder Rights Law Firm Johnson & Weaver, LLP is
investigating potential violations of federal securities laws by
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) and certain of
its officers. Advanced Emissions provides environmental
technologies and specialty chemicals to the coal-burning electric
power generation industry.
Specifically, Johnson & Weaver’s investigation seeks to
determine whether shareholders were misled by certain statements
the Company made regarding its financial reporting, business
outlook and prospects.
On April 24, 2014, Advanced Emissions revealed that it would not
be able to file its Annual Report with the Securities and Exchange
Commission (“SEC”) for the fiscal year ended Dec 31, 2013. This
news came after a March 13, 2014 announcement that the SEC was
reviewing the Company’s accounting practices, including its methods
of recognizing revenue. On January 29, 2015, Advanced Emissions
disclosed that KPMG LLP resigned as the Company's independent
accounting firm.
On the news, Advanced Emissions stock has plummeted more than
49% in early morning trading at $9.81 on January 29, 2015.
If you are an Advanced Emissions shareholder and are
interested in learning more about the investigation or your legal
rights and remedies, please contact Jim Baker
(jimb@johnsonandweaver.com) at 619-814-4471. If you
email, please include your phone number.
About Johnson & Weaver,
LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder
rights law firm with offices in California, New York and Georgia.
The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For
more information about the firm and its attorneys, please visit
http://www.johnsonandweaver.com. Attorney advertising. Past results
do not guarantee future outcomes.
Johnson & Weaver, LLPJim Baker,
619-814-4471jimb@johnsonandweaver.com
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