NEW YORK, Aug. 28, 2014 /PRNewswire/ -- Levi &
Korsinsky announces that a class action lawsuit has been commenced
in the United States District Court for the Southern District of
New York on behalf of investors
who purchased China XD Plastics Company Ltd. ("China XD Plastics"
or the "Company") (Nasdaq: CXDC) common stock between August 12, 2009 and July
10, 2014. The complaint alleges that China XD Plastics
overstated its revenue and net income in its quarterly and annual
reports issued to U.S. investors.
For more information, click here:
http://zlk.9nl.com/china-xd-plastics-cxdc.
On July 10, 2014 a report released
by Bleecker Street Research alleged that China XD Plastics' revenue
and net income for fiscal years 2010, 2011, and 2012 claimed in its
Chinese regulatory filings are materially smaller than its fillings
with the Securities and Exchange Commission.
If you suffered a loss in China
XD Plastics you have until September 15,
2014 to request that the Court appoint you as lead
plaintiff. Your ability to share in any recovery doesn't require
that you serve as a lead plaintiff. To obtain additional
information, 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://zlk.9nl.com/china-xd-plastics-cxdc.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP