This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

L&L Forms Independent Special Committee To Examine Short Seller Allegations

SEATTLE, Sept. 20, 2013 /PRNewswire/ -- L&L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the "Company"), a U.S.-based company with a track record of profitable energy (coal) operations in China, today announced that it has formed a special independent committee to conduct a review of the allegations made by the GeoInvesting blog released yesterday.

The special committee is chaired by Mohan Datwani, Chair of the Audit Committee and independent director. Mr. Datwani, an experienced attorney, was formerly a partner of a large international law firm. Three other Independent Directors have also been appointed to the special committee: Joe Borich, a career federal official and former US Consul General to Shanghai under the US Embassy to China, Dr. Syd Peng, PhD., a world renowned underground mining expert, and Jingcai Yang, former senior executive for the world's largest coal company, Shenhua Group.

Mark Bartlett of Davis Wright Tremaine ("DWT") has been retained by the committee as legal counsel.  Mr. Bartlett formerly served as a First Assistant U.S. Attorney with the U.S. Department of Justice for nine years.

The special committee will conduct an independent and thorough review of the allegations in the GeoInvesting blog and intends to make the appropriate disclosures to shareholders promptly upon completion of the review. Further, the special independent committee will instruct the Company on further legal matters.

For further information, please contact: 

L&L Energy Inc. Investor Relations +1 (206)-264-8065

ICR, LLC  Gary Dvorchak, CFA Senior Vice President U.S.: +1 (310) 954-1123  China: +86 (10) 6583-7528 Email:

SOURCE L&L Energy, Inc.
Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 -0.41%
FB $117.81 -0.21%
GOOG $701.43 0.82%
TSLA $211.53 -4.96%
YHOO $36.94 2.61%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs