Federman & Sherwood Files Class Action Lawsuit Against L&L Energy, Inc.


Federman & Sherwood announced that on August 26, 2011, a class action lawsuit was filed in the United States District Court for the Western District of Washington against L&L Energy, Inc. The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material misrepresentations to the market which had the effect of artificially inflating the market price. The class period is from August 13, 2009 through August 2, 2011. Plaintiff seeks to recover damages on behalf of the Class.


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