If you purchased shares of Keyuan Petrochemicals, Inc. (NASDAQ:KEYP)
The investigation by a law firm focuses on potential securities claims against Keyuan Petrochemicals, Inc. (NASDAQ: KEYP) resulting from allegations that Keyuan Petrochemicals may have issued materially false financial statements and information to investors.
Keyuan Petrochemicals, Inc. reported for the first three quarters in 2010 a combined nine months Total Revenue of $400.71million with a combined nine months Net Income of $18.54million.
Prior to market open on April 1, 2011 trading in Keyuan Petrochemicals’
Later the same day, Keyuan Petrochemicals filed an 8-K with the U.S. Securities and Exchange Commission (“SEC”) under item 4.02 entitled “Non-Reliance on Previously Issued Financial Statements.”
Those who purchased shares of Keyuan Petrochemicals, Inc. (Public, NASDAQ:KEYP)
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