Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit Against L&L
LOS ANGELES -- October 4, 2013
Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been
filed in the United States District Court for the Southern District of New
York on behalf of a class (the “Class”) comprising 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”).
A COPY OF THE COMPLAINT IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW &
GOLDBERG LLP. PLEASE CONTACT US TOLL-FREE AT 888-773-9224, OR AT 212-682-5340,
OR BY EMAIL TO SHAREHOLDERS@GLANCYLAW.COM TO DISCUSS THIS MATTER. IF YOU
INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING ADDRESS, TELEPHONE NUMBER AND
NUMBER OF SHARES PURCHASED.
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 to disclose 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 relevant
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. If you wish to learn more about this action
or have any questions concerning this announcement or your rights or interests
with respect to these matters, please contact Michael 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
email@example.com, or visit our website at http://www.glancylaw.com.
If you inquire by email please include your mailing address, telephone number
and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLP, Los Angeles, CA
Michael Goldberg, 888-773-9224
Glancy Binkow & Goldberg LLP, New York, NY
Gregory Linkh, 212-682-5340 or 888-773-9224
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