Investor Alert: Shareholder Class Action Filed Against Longwei Petroleum
Investments Holding LTD; Shareholders With Large Losses
Encouraged to Contact Holzer Holzer & Fistel, LLC Regarding March 5,
2013 Lead Plaintiff Deadline
ATLANTA, GA -- (Marketwire) -- 01/31/13 -- A class action lawsuit
has been filed on behalf of investors who purchased Longwei Petroleum
Investment Holding LTD ("Longwei" or the "Company") (NYSE MKT: LPH)
securities between May 17, 2010 and January 3, 2013. The lawsuit,
which was filed in the United States District Court for the Southern
District of California, alleges Longwei violated the federal
securities laws by making false and misleading statements regarding
its operations and financial performance. Specifically, the complaint
alleges Longwei failed to disclose certain material related party
transactions and, according to the complaint, overstated its
wholesale fuel sales.
If you purchased Longwei common stock between May 17, 2010 and
January 3, 2013 and suffered a net loss on those purchases you have
the legal right to petition the Court to be appointed a "lead
plaintiff." A lead plaintiff is a representative party that acts on
behalf of other class members in directing the litigation. Any such
request must satisfy certain criteria and be made no later than March
5, 2013. Any member of the purported class may move the Court to
serve as lead plaintiff through counsel of their choice, or may
choose to do nothing and remain an absent class member.
Investors who are interested in serving as lead plaintiff or who have
questions concerning their legal rights may contact Michael I.
Fistel, Jr., Esq. (email@example.com) or Marshall P. Dees, Esq.
(firstname.lastname@example.org) by email or via toll-free telephone at (888)
Holzer Holzer & Fistel, LLC dedicates its practice to vigorous
representation of shareholders and investors in litigation
nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through its
website, www.holzerlaw.com and upon request from the firm. Holzer
Holzer & Fistel, LLC has paid for the dissemination of this
promotional communication, and Michael I. Fistel, Jr. is the attorney
responsible for its content.
Michael I. Fistel, Jr., Esq.
Marshall P. Dees, Esq.
Holzer Holzer & Fistel, LLC
200 Ashford Center North, Suite 300
Atlanta, GA 30338
(888) 508-6832 (toll-free)
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