NEW YORK, March 26, 2014 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ReneSola Ltd. ("ReneSola" or the "Company") (NYSE: SOL) (CUSIP: 75971T103). Investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.
The investigation concerns whether ReneSola and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 13, 2014, the Company announced in a press release that "it has been selected as one of the respondents in the United States Department of Commerce's anti-dumping investigation on certain crystalline silicon photovoltaic products from China (DOC Case No. A-570-010)."
On this news, shares of ReneSola fell $0.35 to $3.57, or more than 8.93%, on unusually heavy trading volumes, on March 26, 2014.
The Pomerantz Firm, with offices in New York, Chicago, San Diego, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
SOURCE Pomerantz LLP
