Levi & Korsinsky, LLP Launches an Investigation into Potential Securities Fraud Claims against Duoyuan Global Water, Inc. in ...
05 Aprile 2011 - 12:35AM
Business Wire
Levi & Korsinsky, LLP is investigating potential securities
fraud claims against Duoyuan Global Water, Inc. (“DGW” or the
“Company”) (NYSE: DGW) resulting from allegations that the
Company may have issued materially inaccurate financial
statements to the investing public between June 24, 2009
and April 4, 2011.
On April 4, 2011, analyst firm Muddy Waters issued a report
suggesting that DGW is a systemic fraud, its revenues have been
significantly overstated, and its audit reports have been
fabricated. Muddy Waters claims to have conducted extensive
surveillance of a DGW factory and observed minimal production and
virtually no shipments in or out of the factory. In addition, Muddy
Waters claims that DGW engaged in various alleged financial
improprieties.
Levi & Korsinsky, LLP is investigating a securities class
action lawsuit on behalf of DGW investors. If you purchased
DGW stock between June 24, 2009 and April 4, 2011, and wish to
obtain additional information, please 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://www.zlk.com/duoyuan-global-water-dgw.html.
Levi & Korsinsky, LLP represents investors in shareholder’s
rights claims, concentrating its practice in securities class
actions. Levi & Korsinsky has expertise in prosecuting investor
securities litigation and extensive experience in actions involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below.
Grafico Azioni Duoyuan Global Water American Depositary Shares (NYSE:DGW)
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Da Mag 2024 a Giu 2024
Grafico Azioni Duoyuan Global Water American Depositary Shares (NYSE:DGW)
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