The Law Firm of Levi & Korsinsky Notifies Investors With Losses on Their Investment in L&L Energy, Inc. of Class Action Lawsuit and Lead Plaintiff Deadline of October 25, 2011
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 08/29/11 -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Western District of Washington on behalf of purchasers of L&L Energy, Inc. ("L&L Energy" or the "Company") (NASDAQ: LLEN) common stock from August 13, 2009 through August 2, 2011 (the "Class Period"). The complaint alleges that during the Class Period, defendants issued materially false and misleading statements regarding the Company's internal controls, and true business and financial condition.
For more information, click here: .
On August 2, 2011, analyst firm Glaucus Research issued a report alleging, among other things, that L&L failed to properly disclose the Company's ownership stake in certain assets and subsidiaries. Furthermore, the report indicates that L&L Energy's 2009 financial statements filed with Chinese authorities showed much worse financial metrics than those represented in SEC filings. The Complaint further alleges that when this information hit the market, the price of L&L Energy stock fell thereby damaging investors.
If you are a member of the class and suffered a loss in L&L Energy stock, you have until October 25, 2011 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery is not affected by the decision whether or not to serve as a lead plaintiff. To obtain additional information about your rights, contact Joseph Levi, Esq. either via email at or by telephone at (877) 363-5972, or visit .
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 29.08.2011 - 14:11 Uhr
Sprache: Deutsch
News-ID 1034813
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
NEW YORK, NY
Phone:
Kategorie:
Legal
Anmerkungen:
Diese Pressemitteilung wurde bisher 113 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"The Law Firm of Levi & Korsinsky Notifies Investors With Losses on Their Investment in L&L Energy, Inc. of Class Action Lawsuit and Lead Plaintiff Deadline of October 25, 2011
"
steht unter der journalistisch-redaktionellen Verantwortung von
Levi & amp; Korsinsky, LLP (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
