ALERT: Rosen Law Firm Reminds PetroChina Co. Ltd. Investors of Important Class
Action Deadline -- PTR
NEW YORK, Sept. 20, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds
purchasers of PetroChina Co. Ltd. (NYSE:PTR) securities during the period from
April 26, 2012 to August 27, 2013 (the "Class Period"), of the important
November 4, 2013 class action deadline.
To join the PetroChina class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq. or Kevin Chan, toll-free, at
866-767-3653; you may also email firstname.lastname@example.org or email@example.com
for information on the class action. The lawsuit filed by the firm is pending
in the U.S. District Court for the Southern District of New York.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
According to the lawsuit, PetroChina issued materially false and misleading
statements about the Company's business and operations. The complaint alleges
that: (a) the Company's senior officials were not in compliance with the
Company's corporate governance directives and code of ethics; (b) as a result,
the Company was subject to investigation and disciplinary action by various
governmental and regulatory authorities; (c) the Company's financial
statements were materially false and misleading as they contained direct
references to the Company's Code of Ethics, and statements regarding its
compliance with regulations and internal governance policies; (d) the Company
lacked adequate internal and financial controls; and (e) as a result of the
foregoing, the Company's financial statements were materially false and
misleading at all relevant times. As result, the lawsuit claims that
PetroChina shares declined in value, damaging investors.
If you wish to serve as lead plaintiff, you must move the Court no later than
November 4, 2013. A lead plaintiff is a representative party acting on behalf
of other class members in directing the litigation. If you wish to join the
litigation, or to discuss your rights or interests regarding this class
action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at
866-767-3653, or via e-mail at firstname.lastname@example.org. You may also visit the
firm's website at http://rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
CONTACT: Laurence M. Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, 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
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