Investor alert: investigation of advanced emissions solutions, inc. announced by glancy binkow & goldberg llp

Los angeles--(business wire)--glancy binkow & goldberg llp announces that it is investigating potential claims on behalf of investors of advanced emissions solutions, inc. (“advanced emissions solutions” or the “company”) (nasdaq:ades) concerning possible violations of federal securities laws. the investigation is focused the company’s operations and financial performance and prospects. please contact lesley portnoy at (888) 773-9224 or (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. if you inquire by email please include your mailing address, telephone number and number of shares purchased. advanced emissions solutions, together with its subsidiaries, provides environmental technologies and specialty chemicals to the coal-burning electric power generation industry primarily in the united states. the investigation is related to the company’s january 29, 2015, disclosure in a regulatory filing that on january 23, 2015, kpmg llp resigned as the company’s independent accounting firm. according to the company, kpmg has communicated to the company’s management and the audit committee that the company has the following “material weaknesses”: (i) inadequate management oversight and monitoring of the company’s internal controls over financial reporting; (ii) inadequate accounting resources, as the company does not have a sufficient number of accounting personnel with appropriate technical accounting or financial reporting experience; and (iii), additional material weaknesses related to the company’s restatement adjustments not finalized at the time of kpmg’s resignation. following this news, on january 30, 2015, advanced emissions solutions shares declined approximately 46% below the previous closing price. if you purchased advanced emissions solutions securities, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact lesley portnoy, esquire, of glancy binkow & goldberg llp, 1925 century park east, suite 2100, los angeles, california 90067 at (310) 201-9150, toll free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. if you inquire by email please include your mailing address, telephone number and number of shares purchased. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
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