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Federman & Sherwood Announces Securities Class Action Lawsuit Against Active Power Inc


Friday, 13 Sep 2013 05:21pm EDT 

Federman & Sherwood announced that on September 10, 2013, a class action lawsuit was filed in the United States District Court for the Western District of Texas against Active Power Inc. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is April 30, 2013 through September 5, 2013. 

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