Holzer Holzer & Fistel, LLC Announces That It Has Filed a Class Action Lawsuit on Behalf of Investors in Aegean Marine Petroleum Network, Inc.

ATLANTA--(BUSINESS WIRE)--Holzer Holzer & Fistel, LLC announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of purchasers of Aegean Marine Petroleum Network, Inc. (“Aegean Marine” or the “Company”) (NASDAQ: ANW) common stock who purchased shares between January 4, 2010 and February 3, 2011 (the “Class Period”). Specifically, the lawsuit alleges Aegean Marine knew but failed to disclose declining demand for its products and services, particularly in the Singapore and Rotterdam ports. Further, the complaint alleges the Company’s acquisition of Verbeke Bunkering N.V. was not performing according to internal expectations, and as a result of these and other problems, the lawsuit alleges the Company lacked a reasonable basis for its positive Class Period statements.

If you purchased shares of Aegean Marine common stock during the Class Period, you have the legal right to petition the Court to be appointed a "lead plaintiff." A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Any such request must satisfy certain criteria and be made no later than April 11, 2011. Any member of the purported class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member. If you are a Aegean Marine investor and would like to discuss a potential lead plaintiff appointment, or your rights and interests with respect to the lawsuit, you may contact Michael I. Fistel, Jr., Esq., or Marshall P. Dees, Esq. via email at [e-mail], or [e-mail], or via toll-free telephone at [phone].

Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. More information about the firm is available through its website, www.holzerlaw.com and upon request from the firm.