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Law Offices of Howard G. Smith, Representing Investors of American Superconductor Corporation, Announces a June 6, 2011 Deadlin

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^{Published in Science and Technology on Monday, April 25th 2011 at 19:00 GMT by Market Wire}  

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith, representing investors of American Superconductor Corporation, announces a June 6, 2011 deadline to move to be a lead plaintiff in the class action lawsuit filed in the United States District Court for the District of Massachusetts on behalf of all purchasers of the securities of American Superconductor Corporation (aAMSCa or the aCompanya) (NASDAQ:AMSC) between November 2, 2010, and April 5, 2011, inclusive (the aClass Perioda).

AMSC provides wind turbine designs and electrical control systems primarily in North America, Europe and the Asia-Pacific. The Complaint alleges that AMSC and certain of its executive officers misrepresented and/or failed to disclose that: (1) AMSC was providing its primary customer a" Sinovel Wind Group Co., Ltd. (aSinovela) a" with contracted shipments in excess of its needs; (2) Sinovel was not paying AMSC for certain contracted shipments; (3) AMSC was continuing to provide Sinovel with contracted shipments although Sinovel was not paying for certain prior shipments; (4) AMSC was improperly recognizing revenue on certain contracted shipments to Sinovel; (5) AMSCa™s revenues were overstated; and (6), the Company lacked adequate internal and financial controls.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. If you purchased AMSC securities between November 2, 2010, and April 5, 2011, you have certain rights and have until June 6, 2011, to move for lead plaintiff status. To be a member of the class you need not take any action at this time, and you may retain counsel of your choice. If you wish to discuss this action or have any questions concerning this Notice 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, by email to [ howardsmith@howardsmithlaw.com ] or visit our website at [ http://www.howardsmithlaw.com ].