PresseKat - DGAP-News: World Energy Holdings&Research PLC engages specialty firm to pursue Class Action and

DGAP-News: World Energy Holdings&Research PLC engages specialty firm to pursue Class Action and Criminal Litigation in defense and response to the current Slander and Defamation Campaign being launched against the Company

ID: 476492

(firmenpresse) - DGAP-News: World Energy Holdings&Research PLC / Key word(s):
Miscellaneous
World Energy Holdings&Research PLC engages specialty firm to pursue
Class Action and Criminal Litigation in defense and response to the
current Slander and Defamation Campaign being launched against the
Company

08.09.2011 / 20:40

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World Energy Holdings&Research PLC engages specialty firm to pursue Class
Action and Criminal Litigation in defense and response to the current
Slander and Defamation Campaign being launched against the Company.

Wednesday, 7th September 13:00 2011 (Guatemala City)

World Energy Holdings&Research PLC (WEHR) along with a growing number of
Shareholders have engaged specialty UK Law Firm 'Hays and Company
Solicitors' (Hays&Co), to pursue Class Action and Criminal Litigation in
the High Court of London. WEHR has been combating the existing Defamation
Campaign for upwards of 1 year, and albeit taken significant measures to
prevent further defamation and restore the good name to the Company, it has
become clear that proceeding with formal litigation is the only option.
Hays&Co believes that Litigation will be swift and effective in ceasing
current defamation and protecting WEHR Staff, Shareholders, Vendors, and
Associates. Never having faced this type of organized and premeditated
Internet Bullying, WEHR are satisfied with their efforts to combat to the
current situation. However, at this point WEHR realize that this battle
cannot be won alone, and now feel that with Hays&Co at the helm combined
with the unwavering support of its Shareholders, this matter will be
effectively resolved and justice brought to all guilty parties.

Quote from Mr. Hays : 'I have reviewed only a small fraction of the
allegations
published about WEHR plc and it's staff, and I have never seen a clearer




case of defamation, both of the corporation and of the individuals maligned
over the Internet.' Dr. Thomas Hays - WEHR Legal Representative

About World Energy Holdings&Research PLC

World Energy Holdings&Research PLC (ISIN GB00B50QMR32, WKN A1C9BX, 0WE )
is a public limited company incorporated in England focusing on the
development of power plants, specifically in Central and Latin America.
World Energy Holdings&Research PLC is admitted to trading on the
Frankfurt Stock Exchange's Entry Standard (Open Market) under symbol '0WE'
(Zero 'W' 'E').

Disclaimer:

This press release is solely for informational purposes and does not
constitute an an offer to sell or a solicitation of an offer to buy any
securities of WEHR. No regulatory authority has approved the press release.

This press release contains forward-looking statements. Forward-looking
statements are not statements of historical fact and reflect the current
assessments, views, assumptions and beliefs made by WEHR or its officers
according to the information available as of the date of this press release
about future events, operating performance, financial condition, business
strategy, WEHR's plans and objectives for future operations and the
industry in which it operates. Forward-looking statements are subject to
known and unknown risks, uncertainties and other factors, which may cause
actual outcomes to differ materially from those suggested in this press
release. WEHR undertakes no obligation to publicly update or review any
forward-looking statement, whether as a result of new information, future
events or developments or otherwise. All subsequent written and oral
forward-looking statements attributable to WEHR and those acting on its
behalf are expressly qualified in their entirety by the foregoing.

Enquiries to:

World Energy Holdings&Research PLC
Andy Somoza, CFO
Tel: +502-2378-6400

End


End of Corporate News

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08.09.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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138739 08.09.2011


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Bereitgestellt von Benutzer: EquityStory
Datum: 08.09.2011 - 20:40 Uhr
Sprache: Deutsch
News-ID 476492
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