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TMCNet:  SHAREHOLDER ALERT: Investigation on Behalf of PowerSecure International, Inc. Investors Announced by Law Offices of Howard G. Smith

[May 14, 2014]

SHAREHOLDER ALERT: Investigation on Behalf of PowerSecure International, Inc. Investors Announced by Law Offices of Howard G. Smith

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of PowerSecure International, Inc. ("PowerSecure" or the "Company") (NYSE:POWR). The investigation concerns possible violations of federal securities laws and focuses on the Company's operations and financial prospects.

PowerSecure provides interactive distributed generation power systems, smart grid monitoring, peak shaving and demand response, and standby power dispatch and control solutions to electric utilities and their commercial, instituional and industrial customers in the United States. The investigation is related to the Company's May 7, 2014, announcement of first quarter 2014 financial results. According to the Company, "our utility infrastructure revenue shortfalls and operating inefficiencies negatively impacted gross margins and our bottom line." The Company reported, among other things, an adjusted loss of $0.17 per share, compared to analysts' estimates of $0.02 per share, and a decrease in the Company's gross profit margin from 30.6% in the prior year period to 20.9% in first quarter 2014. The Company attributed the disappointing results to, in part, "mis-timed actions to shift resources to more profitable customers, as revenues from those new customers were not adequate to sustain our margins."


If you purchased PowerSecure shares, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.


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