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LPH Longwei Petroleum Investment Holding Limited

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Share Name Share Symbol Market Type
Longwei Petroleum Investment Holding Limited AMEX:LPH AMEX Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Longwei Petroleum Investment Holding Limited

03/01/2013 8:26pm

PR Newswire (US)


Longwei Petroleum Investment Holding Limited (AMEX:LPH)
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Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Longwei Petroleum Investment Holding Limited

NEW YORK, Jan. 3, 2013 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Longwei Petroleum Investment Holding Limited ("Longwei" or the Company) (NYSE MKT: LPH).  The investigation focuses on whether the Companies and their executives violated federal securities laws.

On January 3, 2013, shares of the Longwei plummeted $1.68 or 72% to trade at $0.62 during intraday trading upon a report by Geoinvesting.com alleging that the company exaggerated its main Taiyuan and Gujiao facilities' November 2012 sales as well as failing to disclose an investment of $32 million in a Tourism business made by its subsidiary Shanxi Zhonghe Energy Conversion Co., Ltd.

If you are aware of any facts relating to this investigation, or purchased shares of Longwei, you can assist this investigation by contacting either Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email eitan@bgandg.com. Those who inquire by e-mail are encouraged to include their mailing address and telephone number. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman, 212-697-6484
eitan@bgandg.com

SOURCE Bronstein, Gewirtz & Grossman, LLC

Copyright 2013 PR Newswire

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