The Rosen Law Firm, a global investor rights law firm, announces it is
investigating potential securities claims on behalf of investors Global
Power Equipment Group Inc. (NYSE:GLPW) resulting from allegations that
Global Power Equipment Group may have issued materially misleading
business information to the investing public.
On May 6, 2015, Global Power Equipment Group announced that its
financial statements for the annual period ended December 31, 2014
should not be relied upon and will be restated due to errors resulting
in an understatement of the Company’s cost of sales in the quarterly and
annual periods ended December 31, 2014. On this news, shares of Global
Power Equipment Group fell sharply during after-hours trading on May 6,
2015.
The Rosen Law Firm is preparing a class action lawsuit to recover losses
suffered by Global Power Equipment Group investors. If you purchased
shares of Global Power Equipment Group on or before May 6, 2015, please
visit the firm’s website at http://rosenlegal.com/cases-603.html
for more information. You may also contact Phillip Kim, Esq. or Kevin
Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email
at pkim@rosenlegal.com or kchan@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.
Copyright Business Wire 2015