Glancy
Binkow & Goldberg LLP announces that all purchasers of the
securities of L&L
Energy, Inc. (“L&L Energy” or the “Company”) (NASDAQ:LLEN)
securities between September 11, 2012 and September 18, 2013 (the “Class
Period’), have until November 22, 2013 to file a motion to be appointed
as lead plaintiff in the shareholder lawsuit filed in the United States
District Court for the Southern District of New York.
A COPY OF THE COMPLAINT
IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE
CONTACT US AT (212) 682-5340, TOLL-FREE AT (888) 773-9224, OR AT SHAREHOLDERS@GLANCYLAW.COM
TO DISCUSS THIS MATTER OR IF YOU PURCHASED L&L ENERGY SECURITIES PRIOR
TO THE CLASS PERIOD. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR MAILING
ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
L&L Energy engages in the production, processing and sale of coal in the
People’s Republic of China. The Complaint alleges that the Company
issued false and/or misleading statements and failed to disclose
material facts concerning the Company’s business, operations and
financial performance. Specifically, the Complaint alleges that the
defendants misrepresented or failed to disclose that: (1) the Company
improperly accounted for substantial revenue from operations that were
already shut down; (2) the Company claimed acquisitions and divestitures
of various properties through swap transactions that never occurred
through the exchange of assets it actually never owned; (3) the Company
lacked adequate internal and financial controls; and (4), as a result of
the foregoing, L&L Energy’s financial results were materially false and
misleading at all relevant times.
If you are a member of the Class described above you may move the Court
no later than November 22, 2013, to serve as lead plaintiff; however,
you must meet certain legal
requirements. To be a member of the Class you need not take any
action at this time; you may retain counsel of your choice or take no
action and remain an absent member of the Class.
To learn
more about this action or if you purchased L&L Energy securities
prior to the Class Period and have any questions concerning this Notice
or your rights or interests with respect to these matters, please
contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to shareholders@glancylaw.com,
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Copyright Business Wire 2013