RINO International RINO Stock Purchasers File Securities Fraud Class Action Lawsuit Complaint Against RINO Over Alleged Revenue Discrepancy In Annual Reports.
A securities fraud class action lawsuit has been filed against RINO International Corporation (“RINO International” or “RINO” or “Defendant”), an environmental protection equipment provider for the iron and steel industry in China, in the United States District Court for the Central District of California on behalf of a class consisting of purchasers of RINO International common stock (symbol: RINO) between March 31, 2009 to November 11, 2010 (the “Class Period”), alleging that RINO and certain of its directors and officers violated federal securities fraud laws, including Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, by allegedly issuing false and misleading financial statements and annual reports relating to RINO’s true financial condition, according to RINO International securities fraud class action lawsuit news reports.
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