Harwood Feffer LLP Announces Investigation of PowerSecure International, Inc.
May 12, 2014
NEW YORK, May 12, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against PowerSecure International, Inc. ("PowerSecure" or the "Company") (NYSE: POWR) and its board of directors concerning whether the board has breached its fiduciary duties to shareholders or violated the federal securities laws.
When PowerSecure announced its first quarter 2014 financial results on May 7, 2014, it disclosed decreased gross profit margin and missed analyst revenue estimates by over 10%. As recently as the previous quarter, PowerSecure executives assured investors that the Company would post string 2014 results and had good earnings visibility.
If you own PowerSecure shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
Attorney Advertising. © 2014 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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