Pomerantz LLP

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Symbol: TCPI

Class Period: 
5/8/2015-11/5/2015

TCP International Holdings, Ltd.

Pomerantz LLP and Levi & Korsinsky, LLP announce that the United States District Court for the Northern District of Ohio has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of TCP International Holdings, Ltd. (OTCMKTS: TCPIF):

On February 26, 2015, the Company announced that claims were filed in Cuyahoga County, Ohio against the company and its CEO, Ellis Yan, alleging misconduct by the CEO and related matters. 

On this news, shares of TCP fell $3.33 per share to $3.08, or more than 51.95%, on February 27, 2015.