Aegean Marine (ANW) Investigated by Block & Leviton LLP For Violations of Federal Securities Laws

BOSTON, June 5, 2018 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Aegean Marine Petroleum Network, Inc. ("Aegean Marine" or the "Company") (NYSE: ANW) and certain of its officers and directors violated federal securities laws.

On June 4, 2018, Aegean reported that preliminary findings of a review of the Company's 2017 annual financial statement show that about $200 million of accounts receivable will need to be written off. The Company has stated that transactions connected to the accounts "may have been, in full or in part, without economic substance and improperly accounted for." An audit committee is conducting a review and investigation into the transactions.

On this news, Aegean stock has plunged near 70%.

If you purchased or otherwise acquired ANW securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney John DeFelice at (888) 868-2385, by email at [email protected] or by visiting http://shareholder.law/aegean.

Block & Leviton LLP was recently ranked 4th among securities litigation firms by ISS for recoveries in 2017. The firm represents many of the nations' largest institutional investors and numerous individual investors in securities litigation throughout the country. Indeed, its lawyers have recovered billions of dollars for its clients.

This notice may constitute attorney advertising.

CONTACT:

BLOCK & LEVITON LLP
John DeFelice
(617) 398-5600 phone
155 Federal Street, Suite 400
Boston, MA 02110
[email protected]

SOURCE Block & Leviton LLP

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