SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

October 06, 2014 14:32 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Class Action Against Altair Nanotechnologies Inc. and Its Board of Directors and a Lead Plaintiff Deadline of November 25, 2014 -- ALTI

NEW YORK, NY--(Marketwired - Oct 6, 2014) - 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") (OTCBB: 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 Information

  • 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