Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against L & L Energy, Inc.

Date:2011-08-30lile  Text Size:

OKLAHOMA CITY, OK, Aug 29, 2011 (MARKETWIRE via COMTEX) -- On August 26, 2011, a class action lawsuit was filed in the United States District Court for the Western District of Washington against L & L Energy, Inc. /quotes/zigman/116102/quotes/nls/llen LLEN +2.63% . The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from August 13, 2009 through August 2, 2011.

Plaintiff seeks to recover damages on behalf of the Class. If you are a member of the Class as described above, you may move the Court no later than Tuesday, October 25, 2011, to serve as a lead plaintiff for the Class. However, in order to do so, you must meet certain legal requirements pursuant to the Private Securities Litigation Reform Act of 1995.

If you wish to discuss this action, participate in this or any other lawsuit, or have any questions or concerns regarding this notice, or preservation of your rights, please contact:

SOURCE: Federman & Sherwood

2005-2011 www.researchinchina.com All Rights Reserved 京ICP备05069564号-1