NEW YORK, July 18, 2012 /PRNewswire/ -- Levi & Korsinsky is investigating potential claims on behalf of purchasers of Lime Energy Co. ("Lime" or the "Company") (Nasdaq: LIME) securities concerning possible breaches of fiduciary duty.
For more information, click here: http://zlk.9nl.com/lime-energy-lime/.
In a July 17, 2012 press release the Company disclosed the results of a partial internal review, determining that its consolidated financial statements for the periods ended December 31, 2010 and December 31, 2011, as well as the quarterly report for the period ended March 31, 2012, may no longer be relied upon. The Company acknowledged that some of its revenue may have been improperly recorded; in particular, "it appears that non-existent revenue may have been recorded. In other cases, it appears that revenue may have been recorded earlier than it should have been."
If you own Lime stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/lime-energy-lime/.
Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
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: (212) 363-7171
SOURCE Levi & Korsinsky, LLP