J******s
发帖数: 913 | 1 I still have almost 3% invested in RINO. Hope it will stay alive. | y*****l
发帖数: 5997 | | r******2
发帖数: 754 | 3 halted is good news usually.
【在 J******s 的大作中提到】
: I still have almost 3% invested in RINO. Hope it will stay alive.
| y*****l
发帖数: 5997 | 4 Ryan & Maniskas, LLP Announces Class Action Lawsuit Against RINO
International Corporation
Wednesday 11/17/2010 7:00 PM ET - Businesswire
Related Companies
Symbol Last %Chg
RINO 6.07 -15.10%
As of 11:54 AM ET 11/17/10
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/rino) announces that a class
action lawsuit has been filed in the United States District Court for the
Central District of California on behalf of purchasers the securities of
RINO International Corporation ("RINO" or the "Company") (NASDAQ: RINO)
between November 13, 2009, and November 11, 2010, inclusive (the "Class
Period").
For more information regarding this class action suit, please contact Ryan &
Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or
by email at r*******[email protected] or visit: www.rmclasslaw.com/cases/
rino.
The complaint alleges that RINO and certain of its officers and directors
with violations of federal securities laws. Specifically, it alleges that
defendants knew or recklessly disregarded that their public statements
concerning RINO's business, operations and prospects were materially false
and misleading.
A research report released on November 10, 2010, questioning RINO's customer
business relationships, the accuracy of its financial reporting and
financial results. Further, on November 15, 2010, the Company announced that
earnings for the third quarter will be less than half of the earnings for
the same period last year, and quarterly revenue fell approximately 17% from
the same period one year ago. RINO has also reduced its revenue outlook for
the year. The Company's shares have declined approximately 57% from October
27, 2010.
Today, shares of RINO tumbled 17% this morning after canceling its Q3
conference call, have been halted pending further news from the Company.
If you are a member of the class, you may, no later than January 14, 2011,
request that the Court appoint you as lead plaintiff of the class. A lead
plaintiff is a representative party that acts on behalf of other class
members in directing the litigation. In order to be appointed lead plaintiff
, the Court must determine that the class member's claim is typical of the
claims of other class members, and that the class member will adequately
represent the class. Under certain circumstances, one or more class members
may together serve as "lead plaintiff." Your ability to share in any
recovery is not, however, affected by the decision whether or not to serve
as a lead plaintiff. You may retain Ryan & Maniskas, LLP or other counsel of
your choice, to serve as your counsel in this action.
For more information about the case or to participate online, please visit:
www.rmclasslaw.com/cases/rino, or contact Richard A. Maniskas, Esquire toll-
free at (877) 316-3218, or by e-mail at r*******[email protected]. For more
information about class action cases in general or to learn more about Ryan
& Maniskas, LLP, please visit our website: www.rmclasslaw.com.
SOURCE: Ryan & Maniskas, LLP
【在 J******s 的大作中提到】
: I still have almost 3% invested in RINO. Hope it will stay alive.
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