Investor Class Action Filed Against Aegean Marine Petroleum Network Inc.
Notice is hereby given that a class action lawsuit has been filed on behalf of those who purchased or otherwise acquired Aegean Marine Petroleum Network Inc. (NYSE: ANW) (“Aegean” or the “Company”) common stock from April 28, 2016, and June 4, 2018, inclusive (the “Class Period”).
The complaint alleges that throughout the Class Period, the defendants made false and/or misleading statements and/or failed to disclose that: (i) Aegean had improperly accounted for an approximate $200 million of accounts receivable as of December 31, 2017; (ii) Aegean failed to maintain effective internal control over financial reporting; and (iii) as a result of the foregoing, the defendants’ statements about Aegean’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.
Aegean Marine investors may receive additional information about the case by filling out the form on this page.