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jtrealisticon Jun 21, 2011 1:15pm
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Paulson now being investigated
Paulson now being investigatedNEW YORK--(BUSINESS WIRE)--Jun. 21, 2011-- Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoings at Paulson’s Advantage and Advantage Plus funds (the “Fundsâ€). Faruqi & Faruqi, LLP seeks to determine whether the Funds or related entities violated their fiduciary duties in connection with the Funds’ investments in Sino-Forest Corp. (“Sino-Forest†or the “Companyâ€) (Toronto: TRE and Pink Sheets:
SNOFF). Specifically, the investigation concerns the recent statements byCarson Block, the founder of investment firm Muddy Waters Research, which concluded that Sino-Forest is a “pump and dump†scheme and accused the Company of committing fraud by inflating the value of its timber assets.
Request more information now by clicking here: www.faruqilaw.com/Paulson