Investor Alert: Dyer & Berens LLP Announces Its Investigation Concerning Potential Legal Claims of Certain American Superconductor Investors

DENVER, April 6, 2011 (GLOBE NEWSWIRE) -- The law firm of Dyer & Berens LLP () announced today that it has initiated its own investigation concerning potential legal claims of certain American Superconductor (Nasdaq:AMSC) investors.  

For Subscribers

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

FOR SUBSCRIBERSCornell rape allegation spotlights stringent New York state laws that have long drawn criticism

FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts

FOR SUBSCRIBERSDecades-old march dispute reignites in Northern Ireland, threatening political crisis

FOR SUBSCRIBERSMore oil is getting out of the Middle East. Why is it still so expensive?

FOR SUBSCRIBERSThe complicated bargain between ‘looksmaxxing’ influencer Clavicular and the women in his orbit

FOR SUBSCRIBERSSenators unveil bipartisan bill to deliver essential newborn supply kits to new moms

FOR SUBSCRIBERSAI agents promise to run your errands. Websites are fighting back.

On April 5, 2011, the company announced that its 2010 full year revenues would be less than $355 million, compared to its previous forecast of $430 to $440 million. It stated: "On March 31, 2011, Sinovel Wind Group Co., Ltd. (Sinovel) refused to accept contracted shipments of 1.5 megawatt (MW) and 3 MW wind turbine core electrical components and spare parts that AMSC was prepared to deliver. AMSC believes that Sinovel intends to reduce its level of inventory before accepting further shipments." It continued: "These delayed shipments are the primary cause for lower-than-anticipated financial results for AMSC's fourth quarter and full fiscal year 2010." On this troubling news, American Superconductor's stock price lost nearly half of its value.

For Subscribers

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

FOR SUBSCRIBERSCornell rape allegation spotlights stringent New York state laws that have long drawn criticism

FOR SUBSCRIBERSThe debate over AI’s future rages on both coasts

FOR SUBSCRIBERSDecades-old march dispute reignites in Northern Ireland, threatening political crisis

FOR SUBSCRIBERSMore oil is getting out of the Middle East. Why is it still so expensive?

FOR SUBSCRIBERSThe complicated bargain between ‘looksmaxxing’ influencer Clavicular and the women in his orbit

FOR SUBSCRIBERSSenators unveil bipartisan bill to deliver essential newborn supply kits to new moms

FOR SUBSCRIBERSAI agents promise to run your errands. Websites are fighting back.

If you are an American Superconductor investor or have information relevant to the investigation, you may contact Jeffrey A. Berens, Esq. at (888) 300-3362 x302 or via email at jeff@dyerberens.com.

The law firm of Dyer & Berens LLP focuses on complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation has contributed to the recovery of hundreds of millions of dollars for aggrieved investors.   For more information about the firm, please go to .

CONTACT: Jeffrey A. Berens, Esq. Dyer & Berens LLP 303 E. 17th Ave., Ste. 300 Denver, CO 80203 Tel: (888) 300-3362 x302 Email: jeff@dyerberens.com www.DyerBerens.com