NEW YORK, July 20, 2012 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A.
today announced that it has filed a class action lawsuit on behalf of
investors who purchased the common stock of Lime Energy Co.
(Nasdaq:LIME) during the period between May 13, 2010 and July 17, 2012
(the "Class Period") to recover damages for violations of the federal
To join the Lime Energy class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq., or Jonathan Horne,
Esq. toll-free, at 866-767-3653; you may also email firstname.lastname@example.org
or email@example.com for information on the class action. The
lawsuit filed by the firm is pending in the U.S. District Court for
Northern District of Illinois.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE.
YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS
The Complaint asserts violations of the federal securities laws against
Lime Energy and its officers and directors, for issuing materially
false and misleading financial information. The Complaint alleges that
Lime Energy improperly recognized revenue on non-existent revenue, and
in other cases, improperly recorded revenue earlier than the Company
should have. The Complaint alleges that, when the market learned of
this adverse information, the price of Lime Energy stock fell over 40%.
If you wish to serve as lead plaintiff, you must move the Court no
later than September 18, 2012. A lead plaintiff is a representative
party acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, or to discuss your
rights or interests regarding this class action, please contact Phillip
Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via
e-mail at firstname.lastname@example.org. You may also visit the firm's website at
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and shareholder
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue, 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866-767-3653
Fax: (212) 202-3827