ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CPST Capstone Turbine Corporation

7.48
0.00 (0.00%)
06 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Capstone Turbine Corporation NASDAQ:CPST NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.48 7.42 7.56 0 01:00:00

INVESTOR NOTICE: Khang & Khang LLP Announces an Investigation of Claims against Capstone Turbine Corp. & Advises Investors to...

02/12/2015 2:40am

Business Wire


Capstone Turbine (NASDAQ:CPST)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Capstone Turbine Charts.

Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by Capstone Turbine Corp. (“Capstone” or the “Company”) (Nasdaq: CPST). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.

If you purchased shares of Capstone during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The investigation will focus on whether the Company failed to disclose the following: (1) that BPC Engineering (“BPC”), an important Russian distributer, was unlikely to be able to fulfill many of its legal and financial obligations to Capstone; (2) that Capstone did not make the proper adjustments to its accounts receivable and backlog to account for BPC’s inability to fulfill its obligations to Capstone; (3) that some of Capstone’s financial statements were in violation of Generally Accepted Accounting Principles (“GAAP”); and (4) that the Company lacked adequate internal controls over accounting. When the truth was revealed, shares dropped causing investors harm.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

KHANG & KHANG LLPJoon M. Khang, Esq.Telephone: 949-419-3834Facsimile: 949-225-4474joon@khanglaw.com

1 Year Capstone Turbine Chart

1 Year Capstone Turbine Chart

1 Month Capstone Turbine Chart

1 Month Capstone Turbine Chart

Your Recent History

Delayed Upgrade Clock