The Rosen Law Firm, P.A. announces that it is investigating potential securities fraud claims against Silvercorp Metals, Inc. (NYSE: SVM) (“Silvercorp” or the “Company”) resulting from allegations that the Company may have issued materially inaccurate financial statements to the investing public between June 8, 2009 and September 13, 2011.
On September 13, 2011, analyst firm Alfred Little ("Alfred Little") issued a report claiming that Silvercorp had concealed related party transactions and inflated the size of its revenue, earnings, assets, and operations in the documents it filed with the SEC. Alfred Little's Report cited a number of sources, including Chinese regulatory filings, consulting geologists, and the results of its own on-the-ground due diligence.
The Rosen Law Firm is investigating a securities class action lawsuit on behalf of purchasers of Silvercorp American Depository Receipts traded on the New York Stock Exchange ("Silvercorp ADRs"). If you purchased Silvercorp ADRs between June 8, 2009 and September 31, 2011, please visit the website at http://rosenlegal.com for more information. You may also contact Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.Attorney Advertising. Prior results do not guarantee a similar outcome.