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In re L&L Energy Inc Securities Litigation
Case Number:
2:11-cv-01423
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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December 03, 2013
US Energy Co. Can't Ditch Class Action Over China Revenue
A Seattle-based producer of coal from mines in China can't ditch a securities class action alleging it lied about revenue on three annual reports, triggering a plunge in the stock price when investors found out, according to a ruling Tuesday.
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August 29, 2011
L&L Energy Shareholder Launches Stock Fraud Action
L&L Energy Inc. was hit Friday with a class action in Washington state alleging the company inflated its stock price by overstating its revenue and overvaluing its assets.