Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity 
Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions 
Hyundai to Acquire SoftBank’s Remaining Boston Dynamics Stake for $325 Million 
SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns 
Trump Says Anthropic No Longer Seen as National Security Threat 
BHP Shares Fall as Jansen Potash Project Costs Surge 
HSBC Australia Faces A$35M Penalty Over Scam Protection Failures 
G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions 
TD Bank Expands Employee Monitoring Software to Boost Productivity Amid Privacy Concerns 
Obayashi to Acquire Multiplex in $526M Expansion Deal 
SpaceX Stock Slides After IPO Rally as Valuation Concerns Grow 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions 
Carro Expands Into Australia With Acquisition of Used-Car Platform CarPlace 
Microsoft Taps AWS to Support GitHub Amid AI Coding Boom 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
Ukrainian Drone Makers Target Japan and Asia Defense Market 
NEW YORK, Dec. 02, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Capstone Turbine Corporation (“Capstone Turbine”) (NASDAQ:CPST) between November 7, 2013 and November 5, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Central District of California. If you purchased or otherwise acquired Capstone Turbine securities between November 7, 2013 and November 5, 2015, your rights may be affected by this action. To get more information go to: http://zlk.9nl.com/capstone-turbine-cpst.
The complaint alleges that defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) BPC Engineering (“BPC”), one of Capstone’s main Russian distributors, was unlikely to be able to fulfill many of its legal and financial obligations to Capstone; (2) Capstone failed to make appropriate adjustments to its accounts receivable and backlog to account for BPC’s inability to fulfill its obligations; (3) Capstone issued financial statements in violation of Generally Accepted Accounting Principles; and (4) Capstone lacked adequate internal controls over accounting.
Shares of Capstone Turbine have fallen from a close of $4.30 per share on November 5, 2015, to a recent close of just $1.98 per share on November 17, 2015.
If you suffered a loss in Captstone Turbine you have until January 15, 2016 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 [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/capstone-turbine-cpst.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com
