Alternate Energy Holdings, Inc. is an American company looking to build a nuclear power plant in the southwestern United States.

According to the Complaint filed December 20, 2010, throughout the Class Period, which begins with the Company's incorporation in September 2006, the Company and certain of its officers and directors engaged in a scheme to manipulate and artificially inflate the market price of Alternate Energy stock by (1) paying stock promoters to creating artificial demand in the marketplace through end of day stock purchases, (2) misrepresenting that Company's officers and directors never sold any shares of the Company's stock; and (3) misrepresenting the Company's true financial condition and potential business prospects.

On April 7, 2011, Judge B. Lynn Winmill appointed Jerry Pehlke, Jr., as lead Plaintiff for the class, and approved Mr. Pehlke's choice of Counsel. Accordingly, the Rosen Law Firm, PA is appointed lead Counsel and the Gordon Law Offices is appointed liaison Counsel. On June 17, 2011, the Plaintiff filed an Amended Complaint. The Defendants responded by filing a motion to dismiss the Amended Complaint, and on December 19, 2011, Judge B. Lynn Winmill denied the motion to dismiss.

On July 16, 2012, the parties entered into a Stipulation and Agreement of Settlement.

On July 20, 2012, the Court issued an Order preliminarily approving the settlement.

On November 5, 2012, the Court issued an Order awarding attorneys' fees. Also on the same date, the Court entered the Order and Final Judgment.