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, NY -- (Marketwired) -- 10/24/13 -- 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.
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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 visit
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.
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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