L & L Energy, Inc. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors
of Class Action Against L & L Energy, Inc. and Its Board of Directors and a
Lead Plaintiff Deadline of November 22, 2013 -- LLEN
NEW YORK, Oct. 15, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a
class action lawsuit has been commenced in the United States District Court
for the Southern District of New York on behalf of investors who purchased L &
L Energy, Inc. ("L & L Energy" or the "Company") (Nasdaq:LLEN) common stock
between September 11, 2012 and September 18, 2013.
For more information, click here: http://zlk.9nl.com/l-l-energy-llen/.
The complaint alleges that the Company misrepresented and/or failed to
disclose that during the Class Period: (a) the Company improperly accounted
for substantial revenue from operations that were already shut down; (b) the
Company claimed acquisitions and divestitures of properties through swap
transactions that never occurred through the exchange of assets it never
owned; and (c) the Company lacked adequate internal and financial controls.
Shares of L & L Energy fell from a close of $2.07 per share on September 18,
2013 to a close of $1.27 per share upon a news report on GeoInvesting; this
report alleges that L & L Energy is "defrauding investors by booking
substantial revenue from operations that have been idled for quite some time."
If you suffered a loss in L & L Energy you have until November 22, 2013 to
request that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn't require that you serve as a lead plaintiff. To obtain
additional information, contact Joseph E. Levi, Esq. either via email at
email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut, and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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