|[November 01, 2013]
Glancy Binkow & Goldberg Announces Lead Plaintiff Deadline In The Class Action Lawsuit Against L&L Energy, Inc.
LOS ANGELES --(Business Wire)--
Binkow & Goldberg LLP announces that all purchasers of the
securities 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.
A COPY OF THE COMPLAINT
IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE
CONTACT US AT (212) 682-5340, TOLL-FREE AT (888) 773-9224, OR AT SHAREHOLDERS@GLANCYLAW.COM
TO DISCUSS THIS MATTER OR IF YOU PURCHASED L&L ENERGY SECURITIES PRIOR
TO THE CLASS PERIOD. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING
ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
L&L Energy ngages 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 to disclose that: (1) the Company
improperly accounted for substantial revenue from operations that were
already shut down; (2) the Company claimed acquisitions and divestitures
of various properties through swap transactions that never occurred
through the exchange of assets it actually never owned; (3) the Company
lacked adequate internal and financial controls; and (4), as a result of
the foregoing, L&L Energy's financial results were materially false and
misleading at all relevant times.
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 need not take any
action at this time; you may retain counsel of your choice or take no
action and remain an absent member of the Class.
more about this action or if you purchased L&L Energy securities
prior to the Class Period and have any questions concerning this Notice
or your rights or interests with respect to these matters, please
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to firstname.lastname@example.org,
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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