ORMAT TECHNOLOGIES Lawsuit

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ORMAT TECHNOLOGIES Lawsuit ( ormat-technologies-lawsuit )

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and the consolidated results of operations and cash flows for the three-month periods ended March 31, 2009 and 2008. *** These condensed consolidated interim financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's annual report on Form 10-K for the year ended December 31, 2008. 39. On August 5, 2009, the Company issued a press release entitled "Ormat Technologies, Inc. Reports Second Quarter 2009 Results." Therein, the Company stated, in relevant part: Ormat Technologies, Inc. (NYSE: ORA) today announced record financial results for the second quarter of 2009. Second Quarter Results Total revenues for the second quarter were $100.2 million, compared to $80.2 million for the second quarter of 2008, an increase of 24.9%, which consisted of a 115.1 % increase in revenues from the Product Segment, and a decline of 2.0% in revenue in the Electricity Segment. For the quarter, the Company reported net income of $16.0 million, or $0.35 per share (basic and diluted), compared to net income of $12.1 million, or $0.28 per share (basic and diluted), for the second quarter of 2008. The increase in net income is primarily attributable to our Product Segment and some foreign currency translation gains. 40. On August 6, 2009, Ormat filed its Quarterly Report with the SEC on Form 10-Q. The Company's Form 10-Q, signed by Defendant Tenne, reaffirmed the Company's financial results announced the previous day. The Company's Form 10-Q also contained Sarbanes-Oxley required certifications, substantially similar to the certifications contained in ¶ 27, supra. Additionally, the Form 10-Q stated, in relevant part: These unaudited condensed consolidated interim financial statements of Ormat Technologies, Inc. and its subsidiaries (the "Company") have been prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") for interim financial statements. 15

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