Nominees

If you are a broker, bank, or other nominee that purchased Ocean Power Technologies, Inc. (“OPTT”) common stock (CUSIP, prior to October 29, 2015: 674870308) (CUSIP, on or after October 29, 2015: 674870407) at any time between and including January 14, 2014 through and including July 29, 2014, and/or purchased in the April 4, 2014 follow-on stock offering, then within ten (10) calendar days of your receipt of the Notice, you must either:

  1. Provide the Claims Administrator with a list of the names and last known addresses of beneficial owners described above; or
  2. Request from the Claims Administrator sufficient copies of the Notice and Proof of Claim (“Notice”) to forward to all such beneficial owners and, within ten (10) calendar days of receipt of those copies, forward the Notice to such beneficial owners.

If you are providing a list of names and addresses to the Claims Administrator:

  1. Compile a list of names and addresses of beneficial owners who purchased or acquired OPTT common stock at any time between and including January 14, 2014 through and including July 29, 2014, and/or purchased or otherwise acquired pursuant to and/or traceable to OPTT’s April 4, 2014 follow-on stock offering;
  2. Prepare the list in Microsoft Excel format, for which a preformatted spreadsheet can be found here.
  3. Then, do one of the following:

    1. Burn the Microsoft Excel file(s) to a CD or DVD and mail the CD or DVD to:

      Ocean Power Technologies, Inc. Securities Litigation
      Claims Administrator
      PO Box 4259
      Portland, OR 97208-4259

    2. Email the spreadsheet to info@OPTTSecuritiesLitigation.com; or
    3. Upload the spreadsheet here

If you are mailing the Notice Packet to beneficial owners:

Request the needed number of copies of the Notice Packet via email to info@OPTTSecuritiesLitigation.com. You must mail the Notice Packets to the beneficial owners within ten (10) calendar days of your receipt of the Notice Packets.

If you have any questions, contact the Claims Administrator at info@OPTTSecuritiesLitigation.com or by calling 1-866-708-0920 .

If you are filing electronic claims:

A nominee may also submit a Proof of Claim Form on behalf of multiple clients who are beneficial owners by using the links below.

Click here to download the Proof of Claim Form.

Click here to download a properly formatted spreadsheet for submitting your transactions.

You may upload your master Proof of Claim Form and completed spreadsheet online here.

Important Dates

  • January 14, 2014 through and
    including July 29, 2014

    Common Stock Class Period
  • On or About April 4, 2014
    Follow-On Stock Offering
  • October 31, 2016
    Deadline to Request Exclusion from the Class
  • October 31, 2016
    Deadline to Object
  • October 31, 2016
    Deadline to Submit a Proof of Claim
  • November 14, 2016 at 10:00 a.m. EST
    Settlement Hearing