- The Company had applied the wrong methodology to recognize revenue on its Emissions Control business segment contracts and made material errors in its accruals.
- The Company’s revenue and financial results were overstated.
- The Company’s financial statements were not prepared in accordance with Generally Accepted Accounting Principles.
- The Company’s financial statements were materially false and misleading at all relevant times.
If you purchased Advanced Emissions Solutions securities during the Class Period, you may move the Court no later than June 30, 2014, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.