METAIRIE, La., Aug. 1, 2008 (PRIME NEWSWIRE) -- The Law Offices of Eric J. O'Bell, LLC ("O'Bell") announce that it is commencing an investigation into GT Solar International, Inc. ("GT Solar" or the "Company") (Nasdaq:SOLR) to determine whether it has violated federal securities laws by issuing materially false and misleading statements to shareholders in regard to its July 24, 2008 public stock offering. On July 25, 2008, GT Solar announced that one of its clients, LDK Solar Co., had decided to buy multi-and monocrystalline furnaces from China-based rival JYT Corp. Following the announcement of the adverse news, shares of GT Solar fell as low as $9.30, closing yesterday at $12.26 a share.
If you have information relevant to this investigation, or if you are a GT Solar investor who suffered losses, you may contact Eric J. O'Bell directly without obligation or cost to you at 504-456-8677; or by email to ejo@obelllawfirm.com.