INVESTOR NOTICE: Rosen Law Firm Reminds Investors of Important Deadline in Class Action Filed by the Firm Against Silvercorp
INVESTOR NOTICE: Rosen Law Firm Reminds Investors of Important Deadline in
Class Action Filed by the Firm Against Silvercorp Metals, Inc. -- SVM
NEW YORK, Feb. 1, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds
investors of the important March 1, 2013 lead plaintiff deadline in the class
action lawsuit filed by the firm on behalf of all persons who purchased the
stock of Silvercorp Metals, Inc. (NYSE:SVM) during the period from June 24,
2010 through September 13, 2011. The lawsuit alleges that Silvercorp and
certain of its management violated the federal securities laws by issuing
false and misleading financial information.
To join the Silvercorp class action, visit the firm's website at
http://www.rosenlegal.com, or call Jonathan Horne or Laurence Rosen toll-free,
at 866-767-3653; you may also email jhorne@rosenlegal.com or
lrosen@rosenlegal.com for information on the class action.
The complaint charges that Silvercorp overstated the level of silver
production at its mines, as well as the quality and quantity of its ore
reserves.
On September 13, 2011, analyst firm Alfred Little issued a report claiming
that Silvercorp had inflated the size of its revenue, earnings, assets, and
operations in its reports filed with the SEC. This adverse disclosure caused
Silvercorp's share price to drop, damaging investors.
If you wish to serve as lead plaintiff, you must make a request to the Court
no later than March 1, 2013.
If you wish to join the Class Action, or discuss your rights and interests in
Silvercorp stock, please visit the firm's website at http://www.rosenlegal.com
to join the class action. You may also contact Laurence Rosen or Jonathan
Horne of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at
lrosen@rosenlegal.com or jhorne@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
CONTACT: Jonathan Horne, Esq.
Laurence Rosen, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
tbrown@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com
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