A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Tri-Tech Holding Inc (NASDAQ: TRIT) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on September 15, 2015 and NASDAQ: TRIT investors should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 09/16/2015 --A deadline is coming up on September 15, 2015 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Tri-Tech Holding Inc (NASDAQ: TRIT) between September 10, 2009 and December 12, 2013.

Investors who purchased a significant amount of shares of Tri-Tech Holding Inc (NASDAQ: TRIT) between September 10, 2009 and December 12, 2013, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Tri-Tech Holding Inc (NASDAQ: TRIT) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/tri-tech-holding-inc-nasdaq-trit-investor-securities-class-action-lawsuit-12202013

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is September 15, 2015. The class action administrator for this case is Strategic Claims Services.

The lawsuit was originally filed in the U.S. District Court for Southern District of New York against Tri-Tech Holding Inc over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between March 26, 2012 and December 12, 2013. According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired Tri-Tech Holding Inc (NASDAQ: TRIT) between March 26, 2012 and December 12, 2013, that Tri-Tech Holding Inc and certain of its officers and directors violated the Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder. More specifically, the plaintiff alleges that defendants between March 26, 2012 and December 12, 2013 made allegedly false and misleading statements and/or allegedly failed to disclose that Tri-Tech Holding Inc lacked adequate disclosure and internal controls relating to Tri-Tech Holding Inc's control over its funds.

On September 18, 2013, Tri-Tech Holding Inc announced changes to its senior management designed to address the business challenges Tri-Tech Holding Inc has recently faced. Among other things, Tri-Tech Holding Inc said that Gavin Cheng was being replaced as Tri-Tech Holding Inc's Chief Executive Officer, but would remain a member of its Board of Directors.

On December 11, 2013, Tri-Tech Holding Inc announced that on the same day the Board of Directors ("Board") of Tri-Tech Holding Inc, with immediate effect, suspended the authority of Guang (Gavin) Cheng to act on behalf of Tri-Tech Holding Inc in his capacity as a member of the Tri-Tech Holding Inc's Board and authorized Tri-Tech Holding Inc's appropriate officers to remove Mr. Cheng from any and all positions in Tri-Tech Holding Inc's subsidiaries and affiliates. Tri-Tech Holding Inc disclosed that Mr. Cheng was in fact terminated by unanimous consent of the Board on September 17, 2013 due to his violations of Tri-Tech Holding Inc's internal policies and procedures regarding wire transfers.

Those who purchased shares of Tri-Tech Holding Inc (NASDAQ: TRIT) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com