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TCPI INVESTOR ALERT: Law Offices of Howard G. Smith Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against TCP International Holdings Ltd.
[April 27, 2015]

TCPI INVESTOR ALERT: Law Offices of Howard G. Smith Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against TCP International Holdings Ltd.


Law Offices of Howard G. Smith reminds investors of TCP International Holdings Ltd. ("TCPI" or the "Company") (NYSE: TCPI) who purchased the Company's securities between June 26, 2014 and February 26, 2015, inclusive (the "Class Period"), of the May 1, 2015 deadline to file a motion to be appointed as lead plaintiff in the pending shareholder lawsuit.

If you wish to learn more about this action, 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 [email protected], or visit our website at http://www.howardsmithlaw.com. If you are a member of the Class described above, you may move the Court no later than May 1, 2015, to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.



The Complaint alleges that Defendants made materially false and/or misleading statements and/or failed to disclose the following: the Company was placing non-compliant products into the marketplace; and, the Company's CEO, Ellis Yan, consistently overrode Company policies on matter such as capital expenditures, customer credit, new product development process, product design and safety certifications, the Company's code of ethics and business conduct manual. On February 26, 2015, TCPI announced that claims were filed in Ohio state court against the Company, and Mr. Yan, by TCPI General Counsel and Chief Compliance Officer, Laura Hauser, alleging misconduct by the CEO. The complaint specifically alleged that, Mr. Yan's conduct violated state and federal law, and created significant risk to shareholder value. On this news, shares of TCPI declined $3.67 per share, over 56%, to close at $2.74 per share on February 27, 2015. On April 15, 2015, the Company announced that Mr. Yan was resigning his position as CEO.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.



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