Active Power Agrees to Settle Previously Disclosed Shareholder Litigation
AUSTIN, TX — (Marketwired) — 10/02/14 — Active Power (NASDAQ: ACPW), a global leader in flywheel energy and power technology for mission critical applications, today announced it has entered memorandums of understanding to settle the following previously disclosed lawsuits:the class action lawsuit pending in the U.S. District Court for the Western District of Texas captioned Don Lee v. Active Power, Inc., et. al. (Civil Action No. 1:13-cv-797-SS); andthe consolidated shareholder derivative l