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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Capstone Turbine Corp. - CPST

NEW YORK, NY / ACCESSWIRE / November 18, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Capstone Turbine Corp. ("Capstone" or the "Company") (NASDAQ: CPST). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether Capstone and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On October 1, 2015, Capstone issued a press release disclosing that its preliminary second quarter 2015 earnings were "notably below management's expectations and analysts' consensus estimates" and further disclosed that it "received no significant payments from [BPC engineering], who until recently was one of [the company's] largest customers." On this news, Capstone stock fell $0.09 per share, or more than 25%, to close at $0.25 on October 1, 2015.

On November 5, 2015, post-market, Capstone disclosed its second quarter 2015 financial and operating results, which included a net loss of $7.9 million or $0.02 per share. On this news, Capstone stock fell $0.02 per share, or more than 7%, to close at $0.20 on November 6, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

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