Advanced Emissions Solutions
Attention Advanced Emission Solutions, Inc. Investors: Law Firm Investigates on Behalf of Shareholders
Robbins Arroyo LLP is investigating potential violations of federal securities laws on behalf of investors of Advanced Emissions Solutions, Inc. (NASDAQ: ADES). Advanced Emissions provides environmental technologies and specialty chemicals to the coal-burning electric power generation industry.
Advanced Emission Shares Fall on Review of Accounting Practices
Shares of Advanced Emissions fell $1.66, or 6.1%, to close at $25.45 on March 13, 2014, following news that the company is conducting a review of its accounting practices. On that day, Advanced Emissions issued a press release announcing that its revenue recognition methods for its Emission Control Business segments contracts were under review and that as a result thereof, the company anticipates that its reported operating losses will increase. Subsequently, on March 18, 2014, the company filed a Notification of Late Filing with the U.S. Securities and Exchange Commission. In that disclosure, Advanced Emissions revealed that the company may have a material weakness related to its revenue recognition.
Advanced Emission Shareholders Are Encouraged to Contact Shareholder Rights Law Firm Robbins Arroyo LLP
If you invested in Advanced Emission and would like to discuss your shareholder rights, please contact attorney Darnell R. Donahue at (800) 350-6003, or you can complete the form below and we will contact you directly.