|[October 18, 2013]
Law Offices of Todd M. Garber Announces Lead Plaintiff Deadline in the Class Action Lawsuit Against L&L Energy, Inc.
LOS ANGELES --(Business Wire)--
The Law Offices of Todd M. Garber announces that all purchasers of L&L
Energy, Inc. ("L&L Energy" or the "Company") (NASDAQ:LLEN) securities
between September 11, 2012 and September 18, 2013 (the "Class Period')
have until November 22, 2013 to file a motion to be appointed as lead
plaintiff in the shareholder lawsuit filed in the United States District
Court for the Southern District of New York.
L&L Energy engages in the production, processing and sale of coal in the
People's Republic of China. The Complaint alleges that the Company
issued false and/or misleading statements and failed to disclose
material facts concerning the Company's business, operations and
financial performance. Specifically, the Complaint alleges that the
defendants misrepresented or failed todisclose that:
The Company improperly accounted for substantial revenue from
operations that were already shut down.
The Company claimed acquisitions and divestitures of various
properties through swap transactions that never occurred, through the
exchange of assets it actually never owned.
The Company lacked adequate internal and financial controls.
As a result of defendants' misrepresentations and omissions, L&L
Energy's financial results were materially false and misleading at all
If you are a member of the Class described above, you may move the Court
no later than November 22, 2013 to serve as lead plaintiff; however, you
must meet certain legal requirements. To be a member of the Class, you
may retain counsel of your choice or take no action and remain an absent
member of the Class. If you have information or would like to learn more
about these claims, or if you purchased L&L Energy securities before the
Class Period, and have any questions concerning this announcement or
your rights or interests with respect to these matters, please contact
Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by
telephone at 213-700-7262 or by email to email@example.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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