Bernstein Liebhard LLP is investigating whether wrongdoing occurred at Puda Coal, Inc. ("Puda" or the "Company") (AMEX: PUDA), including whether the Company made false statements to the investing public.
Puda, through its indirect equity ownership in Shanxi Puda Coal Group Co., Ltd. ("Shanxi Puda"), supplies metallurgical coking coal to the industrial sector in the People's Republic of China. Specifically, the investigation relates to an April 8, 2011 research report alleging that Puda failed to disclose certain Company transfers. On April 11, 2011, Puda announced that its Audit Committee had launched an investigation into the allegations raised in the recent report. On this news, the American Stock Exchange halted trading of Puda stock following these revelations.
If you are interested in discussing your rights as a Puda shareholder and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or seidman@bernlieb.com.
Bernstein Liebhard has pursued hundreds of securities, consumer cases and recovered almost $3 billion for its clients. It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last eight years.
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ATTORNEY ADVERTISING. © 2011 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contacts:
Bernstein Liebhard LLP
Joseph R. Seidman, Jr., 877-779-1414
seidman@bernlieb.com.