NEW YORK, Oct. 11, 2011 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. reminds investors of the important October 18, 2011 lead plaintiff deadline in the securities class action filed by the firm. If you purchased the securities of SinoTech Energy Limited ("SinoTech Energy") (Nasdaq:CTE) during the period from November 3, 2010 through and including August 16, 2011, you should contact the Rosen Law Firm for more information about the importance of serving as lead plaintiff.
To join the SinoTech Energy class action, visit the firm's website at http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com for information on the class action.
The complaint alleges SinoTech misrepresented its revenue and income in the prospectus for SinoTech's initial public offering. When the market learned of the alleged misrepresentations, SinoTech's stock price dropped, causing investors substantial losses.
If you wish to serve as lead plaintiff, you must move the Court no later than October 18, 2011. 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.
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