[E]xternal counsel uncovered inconsistencies in the documentation regarding the German government bonds, which we believe have been placed to [sic] Suntech as security by GSF Capital. GSF Capital is a third-party investor of GSF and the owner of the general partner of GSF. Full investigation made it apparent that these bonds may never have existed and that GSF Capital and its principal may have committed fraud . . . .The Company further reported that it was suing Javier Romero, its former sales representative who manages GSF Capital, the company that pledged the German bonds as collateral. Suntech also indicated that it may delay its second quarter earnings report “while it examines the financial impact of the incident, which involves the biggest of nine affiliated companies listed in its annual 20-F filing to U.S. regulators.” The price of Suntech shares fell from $1.57 to $1.34 on July 30, 2012 and closed at $1.13 on July 31. Cohen Milstein encourages all investors who purchased STP common stock between August 18, 2010 and July 30, 2012 or former employees with information concerning this matter to contact the firm. If you are a STP shareholder and would like to discuss your right to recover for your economic loss, you may, without any cost or obligation, call Cohen Milstein’s Managing Partner, Steven J. Toll at (888) 240-0775 or (202) 408-4600, or email him at email@example.com. If you wish to serve as lead plaintiff, you must move the Court no later than October 1, 2012 to request that the Court appoint you as lead plaintiff. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. To be appointed lead plaintiff, the Court must decide that your claim is typical of the claims of other class members, and that you will adequately represent the class. Your share in any recovery will not be enhanced or diminished by the decision whether or not to serve as a lead plaintiff. Any member of the proposed class may retain Cohen Milstein Sellers & Toll PLLC or other attorneys to serve as your counsel in this action, or you may do nothing and remain an absent class member. Cohen Milstein Sellers & Toll PLLC has significant experience in prosecuting investor class actions and actions involving securities fraud. The firm has offices in Washington, D.C., New York, Chicago, Philadelphia and West Palm Beach, and is active in major litigation pending in federal and state courts throughout the nation.
The firm’s reputation for excellence has repeatedly been recognized by courts which have appointed the firm to lead positions in complex multi-district or consolidated litigation. Cohen Milstein Sellers & Toll PLLC has taken a lead role in numerous important cases on behalf of defrauded investors, and has been responsible for a number of outstanding recoveries which, in the aggregate, total over a billion dollars. Prior results do not guarantee a similar outcome. For more information visit www.cohenmilstein.com.If you have any questions about this notice or the action, or with regard to your rights, please contact either of the following: Steven J. Toll, Esq.Tyler GaffneyCohen Milstein Sellers & Toll PLLC1100 New York Avenue, N.W.West Tower, Suite 500Washington, D.C. 20005Telephone: (888) 240-0775 or (202) 408-4600Email: firstname.lastname@example.org; email@example.com Attorney Advertising