NEW YORK--(BUSINESS WIRE)--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.
