|[September 20, 2013]
INVESTOR ALERT: Federman & Sherwood Investigates L & L Energy, Inc. for Possible Securities Laws Violations
OKLAHOMA CITY --(Business Wire)--
The law firm of Federman & Sherwood has launched an investigation of L &
L Energy, Inc. (NASDAQ: LLEN) ("L & L") with respect to possible
violations of Sections 10(b) and 20(a) of the Securities Exchange Act of
1934 by L & L and/or its officers and directors.
On September 19, 2013, an article by GeoInvesting, a company that
provides research and analysis on U.S. listed China stocks, was
published on SeekingAlpha.com, stating that GeoInvesting is preparing to
file a whistleblower report with the NASDAQ and SEC (News - Alert) alleging that L & L
has defrauded its investors by incorrectly claiming substantial revenue
from operations that hve been idle for an extended period of time. The
article by GeoInvesting also stated that L & L engaged in a "bait and
switch" game with a string of acquisitions and divestitures of various
properties over the last few years, where L & L claimed it had come into
possession of assets through swap transactions that never occurred, and
through the exchange of assets L & L never owned.
Federman & Sherwood is investigating whether: (1) L & L issued
materially false and/or misleading statements or failed to disclose
material facts concerning operations at certain of its properties; (2) L
& L engaged in allegedly fraudulent swap transactions; and (3) L & L's
financial reporting was materially misleading or false.
If you currently own common stock in L & L Energy, Inc., have
information to assist in our investigation or have questions or concerns
regarding this notice or your rights or interests in this matter, please
contact William B. Federman. Federman & Sherwood has extensive
nationwide experience in representing investors in securities,
derivative and merger-related shareholder class actions, and has been
appointed as lead counsel in multiple complex cases across the country.
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