NEW YORK, Sept. 23, 2013 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of L & L Energy, Inc. ("L & L Energy" or the "Company") (NasdaqGS: LLEN). The investigation focuses on whether the Company and its executives violated federal securities laws.
On September 19, 2013, shares of L & L Energy, Inc. fell $0.80 per share, or more than 38%, to a close at $1.27 per share after an article was published by GeoInvesting on the Seeking Alpha website, stating that it "is preparing to file a whistleblower report to the NASDAQ and SEC that will accuse L & L Energy of defrauding investors by booking substantial revenue from operations that have been idled for quite some time." The investigation is related to allegations that L & L Energy issued materially false and misleading statements or failed to disclose material facts concerning operations at certain of the Company's properties, that the Company has engaged in allegedly fraudulent swap transactions, and that L & L Energy's financial reporting was materially misleading.
If you are aware of any facts relating to this investigation, or purchased shares of L & L Energy, you can assist this investigation by contacting either Peretz Bronstein or his Investor Relations Coordinator Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email [email protected]. Those who inquire by e-mail are encouraged to include their mailing address and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman 212-697-6484
SOURCE Bronstein, Gewirtz & Grossman, LLC