August 31, 2009 (FinancialWire) — Advanced Environmental Recycling Technologies, Inc. (NASDAQ: AERT), a leading plastic recycler and manufacturer of Green building products, announced that the company, on Wednesday, August 19th, 2009, filed an action seeking a declaratory judgment in Delaware chancery court that is in compliance with the terms of its Series D preferred stock issued in October of 2007 (Advanced Environmental Recycling Technologies, Inc. vs. Fort Mason Master, L.P. and Fort Mason Partners, L.P.).

The company also seeks a ruling to clarify its obligation with respect to late registration penalties attributable to delays in getting the S-3 resale registration statement effective as a result of circumstances beyond the company’s control. AERT is not seeking monetary damages in this action.

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