BENSALEM, Pa.--(BUSINESS WIRE)--
Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of purchasers of the securities of L&L Energy, Inc. (“L&L Energy” or the “Company”) (LLEN) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning L&L Energy’s operations and financial performance.
L&L Energy, through its subsidiaries, engages in the production, processing and sale of coal in the People’s Republic of China. The investigation is related to allegations that L&L Energy has 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. In an article published September 19, 2013 by GeoInvesting on the Seeking Alpha website, GeoInvesting states that, based on these claims, 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.”
If you purchased L&L Energy shares, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll-Free at 888-638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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