Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing In L & L Energy, Inc. To Contact The Firm

NEW YORK, Sept. 20, 2013 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at L & L Energy, Inc. ("L & L Energy" or the "Company") (NasdaqGS: LLEN).

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)

The investigation focuses on whether the Company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and financial performance. 

L & L Energy, through its subsidiaries, purports to be engaged in the production, processing, and selling of coal in the People's Republic of China with vertically-integrated operations that include mining, washing, wholesale, and distribution.  On September 19, 2013, the SeekingAlpha website published a report by GeoInvesting, a company that provides research and analysis on U.S.-listed Chinese companies.  The report claims that L & L Energy defrauded investors by booking substantial revenue from idle operations and engaging in fraudulent swap transactions.  GeoInvesting disclosed that it is planning to file a whistleblower report with the NASDAQ and the SEC informing them of these findings. 

On this news, L & L Energy's stock plummeted more than 38% to close at $1.27 per share on September 19, 2013.

Request more information now by clicking here: www.faruqilaw.com/LLEN. There is no cost or obligation to you.

Take Action

If you purchased L & L Energy stock or options between August 3, 2011 and September 18, 2013 and would like to discuss your legal rights, visit www.faruqilaw.com/LLEN.  You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com or fmcconville@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding L & L Energy's conduct to contact the firm, including whistleblowers, former employees, shareholders, and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Francis McConville, Esq.
fmcconville@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

SOURCE Faruqi & Faruqi, LLP



RELATED LINKS
www.faruqilaw.com

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.