Business News • MarketWire • Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against American Superconductor Corporation (NASDAQ: AMSC)

Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against American Superconductor Corporation (NASDAQ: AMSC)

Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against American Superconductor Corporation (NASDAQ: AMSC)

OKLAHOMA CITY, OK--(Marketwire - April 7, 2011) - On April 6, 2011, a class action lawsuit was filed in the United States District Court for the District of Massachusetts against American Superconductor Corporation (NASDAQ: AMSC). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from November 2, 2010 through April 5, 2011.

View More : http://www.marketwire.com/mw/release.do?id=1424699&sourceType=3

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