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JinkoSolar Holdings Co Ltd, JKS Securities Stock Fraud


Company: JinkoSolar Holdings Co Ltd,
Ticker Symbol: JKS
Class Period: May-13-10 to Sep-21-11
Date Filed: Nov-9-11
Lead Plaintiff Deadline: Jan-8-12
Court: Southern District of New York
Allegations:
Atlanta, GA: A securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of JinkoSolar Holdings Co. Ltd. ("JinkoSolar" or the "Company") American Depository Shares ("ADSs") who purchased between May 13, 2010 and September 21, 2011, inclusive (the "Class Period").

The lawsuit alleges, among other things, that JinkoSolar falsely represented to investors that it was fully compliant with all environmental regulations of the People's Republic of China when it was not. According to the complaint, JinkoSolar admitted it was responsible for contaminating a river adjacent to its primary manufacturing facility in violation of applicable laws.

The lawsuit further alleges the contamination killed large numbers of fish and resulted in protests in China. JinkoSolar's ADSs lost more than 42 percent of their value in the week following the Company's admission.

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.

JinkoSolar Holdings Co Ltd, JKS Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible JinkoSolar Holdings Co Ltd, securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.
Published on Nov-10-11


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