DENVER, Nov. 17, 2009 (GLOBE NEWSWIRE) -- The law firm of Dyer & Berens LLP (www.DyerBerens.com) announced today that it has initiated its own investigation concerning losses suffered by certain Northwest Pipe Company investors (Nasdaq:NWPX).
The investigation is related to the company's delayed release of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 "pending the conclusion of an ongoing internal investigation of certain accounting matters, including certain revenue recognition practices." The company said it plans to publish the results "as soon as practicable" after completion of the investigation and additional accounting work. In response to this announcement, Northwest Pipe's share price fell approximately 14%.
If you believe you were harmed by the conduct described above or have information relevant to the investigation, you may contact Jeffrey A. Berens, Esq. at 1-888-300-3362 or via email at jeff@dyerberens.com.
The law firm of Dyer & Berens LLP focuses on complex class action litigation on behalf of injured investors throughout the nation. The firm's extensive experience in securities litigation, particularly in cases brought under the Private Securities Litigation Reform Act, has contributed to the recovery of hundreds of millions of dollars for aggrieved investors. For more information about the firm, please go to www.DyerBerens.com.