The Rosen Law Firm Files Securities Fraud Class Action Against PetroChina Co. Ltd. – PTR
07 9월 2013 - 1:17PM
Business Wire
The Rosen Law Firm, P.A. today announced that it has filed a
class action lawsuit on behalf of investors who purchased the
securities of PetroChina Co. Ltd. (NYSE: PTR) during the period
from April 26, 2012 to August 27, 2013 seeking to recover damages
under the federal securities laws.
To join the PetroChina class action, visit the firm’s website at
http://rosenlegal.com, or call Phillip Kim, Esq. or Kevin Chan,
toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com
or kchan@rosenlegal.com for information on the class action. The
lawsuit filed by the firm is pending in the U.S. District Court for
the Southern District of New York.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN
AN ABSENT CLASS MEMBER.
According to the lawsuit, PetroChina issued materially false and
misleading statements about the Company’s business and operations.
The complaint alleges that: (a) the Company's senior officials were
in non-compliance with the Company's corporate governance
directives and code of ethics; (b) as a result, the Company was
subject to investigation and disciplinary action by various
governmental and regulatory authorities; (c) the Company's
financial statements were materially false and misleading as they
contained direct references to the Company's Code of Ethics, and
statements regarding its compliance with regulations and internal
governance policies; (d) the Company lacked adequate internal and
financial controls; and (e), as a result of the foregoing, the
Company's financial statements were materially false and misleading
at all relevant times. As result of the wrongdoing, PetroChina
shares declined in value, damaging investors.
If you wish to serve as lead plaintiff, you must move the Court
no later than November 4, 2013. A lead plaintiff is a
representative party acting on behalf of other class members in
directing the litigation. If you wish to join the litigation, or to
discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free,
at 866-767-3653, or via e-mail at pkim@rosenlegal.com. You may also
visit the firm’s website at http://rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Laurence M. Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The
Rosen Law Firm P.A.275 Madison Avenue 34th FloorNew York, New York
10016Tel: (212) 686-1060Toll Free: 1-866-767-3653Fax: (212)
202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
Petrochina (NYSE:PTR)
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Petrochina (NYSE:PTR)
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부터 11월(11) 2023 으로 11월(11) 2024
