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Keyuan Petrochemicals, Inc. KEYP Securities Stock Fraud


Company: Keyuan Petrochemicals, Inc.
Ticker Symbol: KEYP
Class Period: Aug-16-10 to Oct-7-11
Date Filed: Nov-18-11
Lead Plaintiff Deadline: Jan-17-12
Court: ---
Allegations:
New York, NY: A securities class action lawsuit has been filed on behalf of investors who purchased the common stock of Keyuan Petrochemicals, Inc, during the period from August 16, 2010 through October 7, 2011 (the "Class Period"). The lead plaintiff deadline is January 17, 2012.

The Complaint asserts violations of the federal securities laws against Keyuan and its officers and directors, for issuing materially false and misleading financial information. The Complaint asserts that during the Class Period the Company failed to properly disclose material related party transactions that rendered the Company's periodic reports filed with the SEC false and misleading. The Complaint alleges that this adverse information caused Keyuan's stock price to lose nearly half of its value-- devastating investors.

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.

Keyuan Petrochemicals, Inc. KEYP 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 Keyuan Petrochemicals, Inc. securities class action lawsuit. Please click the link below to submit your complaint for a free evaluation.
Published on Dec-13-11


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