SinoHub, Inc SIHI Securities Lawsuit

November 21 2012

SinoHub, Inc SIHI Securities Fraud
Company: SinoHub, Inc
Ticker Symbol: SIHI
Class Period: May-17-10 to Aug-21-12
Date Filed: Nov-20-12
Lead Plaintiff Deadline: Jan-19-13
Court: ---
Allegations:
New York, NY: A securities class action lawsuit has been filed on behalf of all persons who purchased SinoHub, Inc. (NYSE:SIHI) from May 17, 2010 through August 21, 2012.

The Complaint asserts violations of the federal securities laws against SinoHub and certain of its officers and directors for issuing materially false financial information. In addition, SinoHub allegedly concealed that its internal controls over financial reporting were ineffective. SinoHub's auditors resigned citing potentially inaccurate financial data, as did several members of its board of directors. When this adverse information was disclosed, the value of SinoHub stock dropped, substantially damaging investors. Maybe it's your stockbroker If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

SinoHub, Inc SIHI Securities Fraud Legal Help

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Last updated November 26 2012