盛大科技遭Kaplan Fox事务所证券集体诉讼

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美东时间2011年3月24日,Kaplan Fox & Kilsheimer LLP 事务所代表2010年3月15日至2011年3月15日期间购买盛大科技(SDTH,3.55,0.00%)普通股的股东,对盛大科技提出证券集体诉讼。 

起诉内容包括:1,盛大科技内部在财报披露的管理上有疏忽;2,盛大科技在2010年的财务声明没有完全按照GAAP进行统计,并且存在故意误导嫌疑;3,盛大科技财报中披露的利好消息缺乏可信证据支撑。 

2011年3月15日,盛大科技公司宣布无法及时提交其截至2010年12月31日经审计的年度财务报告,公司内部正在启动一项关于本公司及其附属公司2010年全年财务记录存在“潜在严重差异和未明确问题”的调查。该消息发布后,该公司股票被停止交易。  

 

Kaplan Fox Files Securities Class Action on Behalf of Purchasers of ShengdaTech, Inc. Common Stock During the Period March 15, 2010 Through March 15, 2011 

NEW YORK, NY--(Marketwire - 03/24/11) - Kaplan Fox & Kilsheimer LLP (网页链接) has filed a class action suit against ShengdaTech, Inc. ("ShengdaTech" or the "Company") (NASDAQ:SDTH - News) that alleges violations of the Securities Exchange Act of 1934 on behalf of purchasers of ShengdaTech common stock during the period March 15, 2010 through March 15, 2011, inclusive (the "Class").

The case is pending in the United States District Court for the Southern District of New York. A copy of the complaint may be obtained from Kaplan Fox or the Court.

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements to investors by misrepresenting and failing to disclose that: (1) the Company had material deficiencies in its internal controls over its financial reporting, (2) ShengdaTech's financial statements were materially false and misleading and not presented in accordance with GAAP, and (3) Defendants had no reasonable basis for their positive statements about ShengdaTech's business and financial results.

The Complaint further alleges that on March 15, 2011, ShengdaTech shocked investors when it announced that it "had appointed a special committee of the Board of Directors to investigate potentially serious discrepancies and unexplained issues relating to the Company and its subsidiaries' financial records identified by the Company's auditors in the course of their audit of the consolidated financial statements for the fiscal year ended December 31, 2010." As a result, trading in ShengdaTech stock halted before the markets opened on March 15, 2011, and the stock has not traded since.

If you are a member of the proposed Class, you may move the court no later than May 17, 2011 to serve as a lead plaintiff for the Class. You need not seek to become a lead plaintiff in order to share in any possible recovery.

Plaintiff seeks to recover damages on behalf of the Class and is represented by Kaplan Fox & Kilsheimer LLP. Our firm, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions and actions involving financial fraud. For more information about Kaplan Fox & Kilsheimer LLP, or to review a copy of the complaint filed in this action, you may visit our website at 网页链接