Robbins Umeda LLP Files Class Action Suit against Heckmann Corporation

Robbins Umeda LLP today announced that a class action has been commenced in the United States District Court for the Central District of California on behalf of purchasers of Heckmann Corporation ("Heckmann" or the “Company”) (NYSE: HEK) common stock during the period between May 20, 2008 and May 8, 2009 (the "Class Period") and all persons or entities who held Heckmann common stock on September 15, 2008, and were eligible to vote at the Company’s special meeting held on October 30, 2008 with respect to the Company’s acquisition of China Water and Drinks, Inc. ("China Water") (the "Merger").

Heckmann is a holding company created to buy operating businesses that focuses on buying and building companies in the water sector. The complaint charges Heckmann and certain of its officers and directors with violations of the Securities Exchange Act of 1934.

The complaint alleges that on May 20, 2008, the Company announced that it had struck a deal to acquire China Water, a Nevada corporation engaged in the manufacture and distribution of bottled water products in the People's Republic of China. On October 2, 2008, the Company filed a Joint Proxy and Information Statement/Prospectus (the "Joint Proxy"), which represented that Heckmann had conducted extensive due diligence on China Water and recommended that Heckmann shareholders vote in favor of the Merger. The Company's stockholders approved the Merger at an October 30, 2008 special meeting of stockholders. Then, on May 8, 2009, the Company announced its financial results for the first fiscal quarter of 2009, including a net loss for the quarter of $186.2 million and a $184 million impairment charge. The release also reported that the Company had discovered what it believed to be "financial misconduct and the diversion of cash deposits by former management of China Water." As a result of the May 8, 2009 announcement and the revelation that incomplete and misleading information had been provided to shareholders concerning the Merger and China Water, the Company's stock price declined, reaching as low as $3.38 per share in July 2009 compared to more than $10 per share shortly after the Merger was announced.

According to the complaint, the Joint Proxy contained material misstatements and omitted material information, did not fairly and accurately disclose the risks and liabilities that the Company and its shareholders would be assuming by acquiring China Water, and misrepresented the adequacy of the due diligence defendants conducted on China Water.

If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from May 6, 2010. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff's counsel, Gregory E. Del Gaizo of Robbins Umeda LLP, at 800-350-6003 or by e-mail at inquiry@robbinsumeda.com. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.

Robbins Umeda LLP is a California-based law firm, which has significant experience representing investors in securities fraud class actions, merger-related shareholder class actions, and shareholder derivative actions. For more information about the firm, please go to http://www.robbinsumeda.com.