| Company: | Alternate Energy Holdings Inc, |
| Ticker Symbol: | AEHI.PK |
| Class Period: | Sep-20-06 to Dec-14-10 |
| Date Filed: | Jan-11-11 |
| Lead Plaintiff Deadline: | Mar-12-11 |
| Court: | District of Idaho |
| Allegations: | |
The Complaint alleges that Alternate Energy and certain of its officers and directors misrepresented the Company's business condition, manipulated its stock price, and concealed secret profits that were reaped by the Company's CEO, Donald L. Gillispie ("Gillispie"), and its Senior Vice President of Administration, Jennifer Ransom ("Ransom").
On December 16, 2010, the United States Securities & Exchange Commission ("SEC") filed a lawsuit against Alternate Energy, Gillispie, and Ransom. Two days prior, on December 14, 2010, the SEC issued an order temporarily suspending trading of the Company's common stock. Following these events, on December 20, 2010, Gillispie announced that he had taken a voluntary leave of absence until the court had ruled on the validity of the SEC's lawsuit.
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.
