SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against China XD Plastics Company Ltd. & Its Board...
August 14 2014 - 2:21PM
Business Wire
Levi & Korsinsky announces that a class action lawsuit has
been commenced in the United States District Court for the Southern
District of New York on behalf of investors who purchased China XD
Plastics Company Ltd. (“China XD Plastics” or the “Company”)
(Nasdaq:CXDC) common stock between August 12, 2009 and July 10,
2014. The complaint alleges that China XD Plastics overstated its
revenue and net income in its quarterly and annual reports issued
to U.S. investors.
For more information, click here:
http://zlk.9nl.com/china-xd-plastics-cxdc.
On July 10, 2014 a report released by Bleecker Street Research
alleged that China XD Plastics’ revenue and net income for fiscal
years 2010, 2011, and 2012 claimed in its Chinese regulatory
filings are materially smaller than its fillings with the
Securities and Exchange Commission.
If you suffered a loss in China XD Plastics you have until
September 15, 2014 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn’t require
that you serve as a lead plaintiff. To obtain additional
information, contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://zlk.9nl.com/china-xd-plastics-cxdc.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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