Orient Paper ONP Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against Orient Paper, Inc. and Roth Capital Partners Over Financial Statements.
A securities fraud class action lawsuit has been filed against Orient Paper, Inc. (“Orient Paper”) and certain Orient Paper executive officers and directors and Roth Capital Partners LLC (“Roth Capital”) (collectively the “Defendants”) in the United States District Court for the Central District of California on behalf of a class consisting of all purchasers of Orient Paper stock during the period between March 27, 2009 and July 22, 2010 (the “Class Period”), including purchasers in the March 31, 2010 public offering from Roth Capital Partners, according to class action lawsuit news reports.
The Orient Paper and Roth Capital Partners class action lawsuit complaint reportedly alleges that defendants misrepresented Orient Paper’s financial performance, business prospects, and financial condition.
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