Market Overview

August 6th Deadline Alert: Glancy Prongay & Murray LLP Reminds Investors of the Deadline in the Class Action Lawsuit Against Aegean Marine Petroleum Network Inc. (ANW)


National securities litigation law firm Glancy
Prongay & Murray LLP
("GPM") reminds investors of the August
6, 2018
deadline to file a lead plaintiff motion in the class action
filed on behalf of investors that purchased Aegean Marine Petroleum
Network Inc. ("Aegean" or the "Company") (NYSE: ANW)
securities between April 28, 2016 and June 4, 2018,
inclusive (the "Class Period").

If you are a shareholder who suffered a loss, click here
to participate.

Investors suffering losses on their Aegean investments are encouraged to
contact Lesley Portnoy of GPM to discuss their legal rights in this
class action at 310-201-9150 or by email to

On June 4, 2018, Aegean announced, following an internal review, that
the Company's Audit Committee "believes that approximately $200 million
of accounts receivable at December 31, 2017 will need to be written off"
because certain transactions "may have been, in full or in part, without
economic substance and improperly accounted for in contravention of the
Company's normal policies and procedures." On this news, Aegean's share
price fell more than 70% on June 5, 2018, thereby injuring investors.

The complaint filed in this class action alleges that 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, Defendants' statements about Aegean's
business, operations, and prospects were false and misleading and/or
lacked a reasonable basis.

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If you purchased shares Aegean during the Class Period you may move the
Court no later than August 6, 2018 to ask the Court to
appoint you as lead. To be a member of the Class you need not take any
action at this time; you may retain counsel of your choice or take no
action and remain an absent member of the Class. If you wish to learn
more about this action, or if you have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to,
or visit our website at
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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