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The Rosen Law Firm Reminds Investors of Important September
18, 2012 Deadline in the Lime Energy Co. Class Action -- LIME GlobeNewswire 2012-08-18
NEW YORK, Aug. 18, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A.
reminds investors of the important September 18, 2012 lead plaintiff
deadline in the securities fraud class action against Lime Energy Co.
(Nasdaq:LIME) to recover damages for investors who purchased Lime
Energy securities during the period between May 13, 2010 and July 17,
2012.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE.
YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS
MEMBER.
To join the Lime Energy class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq., or Jonathan Horne,
Esq. toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com
or jhorne@rosenlegal.com for information on the class action. The
lawsuit filed by the firm is pending in the U.S. District Court for
Northern District of Illinois.
The Complaint asserts violations of the federal securities laws against
Lime Energy and its officers and directors, for issuing materially
false and misleading financial information. The Complaint alleges that
during the Class Period, Lime Energy improperly recognized revenue on
non-existent revenue and in other cases improperly recorded revenue
earlier than the Company should have. The Complaint alleges that when
the market learned for this adverse information the price of Lime
Energy stock to fell over 40%.
If you wish to serve as lead plaintiff, you must move the Court no
later than September 18, 2012. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, or to discuss your
rights or interests regarding this class action, please contact Phillip
Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via
e-mail at pkim@rosenlegal.com. You may also visit the firm's website at
http://rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue, 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866--767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
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