Rosen Law Firm Announces Filing of Securities Class Action Against Duoyuan Printing, Inc. -- DYP
2010年9月26日 - 3:45AM
The Rosen Law Firm today announced that a class action has been
commenced on behalf of all persons or entities who purchased the
securities of Duoyuan Printing, Inc. ("Duoyuan Printing" or the
"Company") (NYSE:DYP) during the period from November 6, 2009
through September 13, 2010 (the "Class Period").
To join the Duoyuan Printing class action, visit the firm's
website at http://www.rosenlegal.com, or call Laurence Rosen, Esq.
or Phillip Kim, Esq., toll-free, at 866-767-3653; you may also
email lrosen@rosenlegal.com or pkim@rosenlegal.com for information
on the class action.
The complaint alleges violations of the federal securities laws
by Duoyuan Printing and certain of its present and former officers
and directors. Particularly, the complaint asserts that defendants
made false or misleading statements and failed to disclose (a) that
the legitimacy of certain of the Company's expenses related to
advertising and tradeshow costs could not be verified; (b) that
Duoyuan Paper had improper relationships with certain vendors and
distributors; (c) that, as a result, the Company's financial
results were misstated during the Class Period; (d) that the
Company lacked adequate internal and financial controls; and (e)
that, as a result of the above, the Company's financial statements
were materially false and misleading.
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.
You may access the website at http://www.rosenlegal.com to
participate in the proposed class action.
If you wish to serve as lead plaintiff, you must move the Court
no later than November 19, 2010. 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 Laurence Rosen, Esq. or Phillip Kim, Esq. of The
Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at
lrosen@rosenlegal.com or pkim@rosenlegal.com. You may also
visit the firm's website at http://www.rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a
similar outcome.
CONTACT: The Rosen Law Firm P.A.
Laurence Rosen, Esq.
lrosen@rosenlegal.com
Phillip Kim, Esq.
pkim@rosenlegal.com
(212) 686-1060
1-866-767-3653
Weekends: (917) 797-4425
Fax: (212) 202-3827
www.rosenlegal.com
350 5th Avenue, Suite 5508
New York, New York 10118
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