The Rosen Law Firm, P.A. today announces that it has filed a class action lawsuit on behalf of all purchasers of the common stock of Tri-Tech Holding, Inc. (NASDAQ: TRIT) during the period between March 26, 2012 and December 12, 2013, seeking to recover damages for violations of the federal securities laws.
To join the Tri-Tech class action, visit the firm’s website at
, or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; you may also email at
for information on the class action. The case is pending in the U.S. District Court for the Southern District of New York.
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 ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, Tri-Tech made false and misleading statements and/or failed to disclose that the Company lacked adequate disclosure and internal controls relating to Tri-Tech’s control over its funds. On December 12, 2013, Tri-Tech disclosed for the first time that its former CEO was in fact terminated due to his violations of the Company’s internal policies and procedures regarding wire transfers. On this news, shares of Tri-Tech fell $0.17 per share or by approximately 11%, and caused the NASDAQ to halt all trading in Tri-Tech’s stock—damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than February 18, 2014. 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
. You may also visit the firm’s website at
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.