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
Sept. 20, 2013 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at L & L Energy, Inc. ("L & L Energy" or the "Company") (NasdaqGS: LLEN).
The investigation focuses on whether the Company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and financial performance.
L & L Energy, through its subsidiaries, purports to be engaged in the production, processing, and selling of coal in
the People's Republic of China with vertically-integrated operations that include mining, washing, wholesale, and distribution. On
September 19, 2013, the
SeekingAlpha website published a report by
GeoInvesting, a company that provides research and analysis on U.S.-listed Chinese companies. The report claims that L & L Energy defrauded investors by booking substantial revenue from idle operations and engaging in fraudulent swap transactions.
GeoInvesting disclosed that it is planning to file a whistleblower report with the NASDAQ and the SEC informing them of these findings.
On this news, L & L Energy's stock plummeted more than 38% to close at
$1.27 per share on
September 19, 2013.
Request more information now by clicking here: www.faruqilaw.com/LLEN. There is no cost or obligation to you.Take Action
If you purchased L & L Energy stock or options between
August 3, 2011 and
September 18, 2013 and would like to discuss your legal rights, visit
www.faruqilaw.com/LLEN. You can also contact us by calling
Richard Gonnello or
Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
email@example.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding L & L Energy's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (
www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP369 Lexington Avenue, 10th Floor
New York, NY 10017Attn:
Richard Gonnello, Esq.firstname.lastname@example.orgFrancis McConville, Esq.email@example.comTelephone: (877) 247-4292 or (212) 983-9330
SOURCE Faruqi & Faruqi, LLP