ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TRQ Turquoise Hill Resources Ltd

31.41
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Turquoise Hill Resources Ltd NYSE:TRQ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.41 0 01:00:00

TURQUOISE HILL RESOURCES, LTD. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Turquoise H...

29/01/2014 6:55pm

Business Wire


Turquoise Hill Resources (NYSE:TRQ)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Turquoise Hill Resources Charts.

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 Turquoise Hill Resources, Ltd. (“Turquoise Hill” or the “Company”) (NYSE:TRQ) common stock between May 14, 2010 and November 8, 2013.

For more information, click here: http://zlk.9nl.com/turquoise-hill-resources-trq/.

The complaint alleges that the Company made false and/or misleading statements regarding Turquoise Hill’s financial performance and business prospects, and that the Company had overstated its reported revenue, specifically for its subsidiary SouthGobi Resources Ltd. (“SouthGobi”).

On November 8, 2013, Turquoise Hill announced it would restate its consolidated financial results for the years ended December 31, 2010, 2011, and 2012, as well as the affected quarterly financial results. According to the Company, these statements could no longer be relied upon due to errors related to the timing of revenue recognition from sales to certain distributors as a result of SouthGobi’s decision to alter its methods of recognizing revenue.

If you suffered a loss in Turquoise Hill you have until February 11, 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/turquoise-hill-resources-trq/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky, Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com

1 Year Turquoise Hill Resources Chart

1 Year Turquoise Hill Resources Chart

1 Month Turquoise Hill Resources Chart

1 Month Turquoise Hill Resources Chart

Your Recent History

Delayed Upgrade Clock