NEW YORK, Oct. 28, 2014 /PRNewswire/ -- Levi &
Korsinsky announces that a class action lawsuit has been commenced
in the United States District Court for the Southern District of
New York on behalf of investors
who purchased Altair Nanotechnologies Inc. ("Altair
Nanotechnologies" or the "Company") (OTCMKTS: ALTI) common stock
between May 15, 2013 and September 4, 2014.
For more information, click here:
http://zlk.9nl.com/altair-nanotechnologies-alti.
According to the Complaint, on September
4, 2014, the Company filed a form 8-K with the SEC,
announcing that its independent registered public accounting firm,
Crowe Horwath LLP ("Crowe"), resigned. According to the Form
8-K, Crowe's resignation letter advised the Company that it was
resigning due to its inability to complete the audit of the
Company's financial statements for the year ended 2013, in part
resulting from its inability to perform sufficient procedures to
determine the completeness of reporting of subsequent events
transactions that may have occurred in China. Moreover, Crowe
indicated that it was resigning in part due to the Company's
material weakness relative to implementing controls and procedures
to ensure accurate and timely communications between the Company's
subsidiaries in China and its
U.S.-based accounting team. Altair trading was halted on
September 4, 2014, and resumed
September 24, 2014.
If you suffered a loss in Altair Nanotechnologies Inc. you have
until November 25, 2014 to request
that the Court appoint you as lead plaintiff. Your ability to share
in any recovery doesn't require that you serve as a lead plaintiff.
To obtain additional information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://zlk.9nl.com//altair-nanotechnologies-alti.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP