METAIRIE, La., Feb. 28, 2008 (PRIME NEWSWIRE) -- The Law Offices of Eric J. O'Bell, LLC ("O'Bell") announce that it is commencing an investigation into EnerNOC, Inc. ("EnerNOC" or the "Company") (Nasdaq:ENOC) to determine whether it has violated federal securities laws by issuing materially false and misleading statements to shareholders in regard to its November 2007 public stock offering. EnerNOC, a demand response and energy management solutions provider, recently announced a larger than expected $9 million earnings loss for the 4Q 2007. EnerNOC revealed that ballooning operational and compensation expenses were outpacing revenue growth. Shares of the Company have fallen almost 30 percent since the announcement of the adverse news, closing today at $13.76 per share. On November 19, 2007, EnerNOC sold 2.5 million shares in a secondary offering at $43.00 per share.
If you purchased EnerNOC stock on or after November 1, 2007, and/or have information that would assist in this ongoing investigation, or have other questions related to a loss you've suffered in this investment, 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.