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Keyuan Petrochemicals, Inc. faces Investor Investigation over potential Securities Laws Violations
The Shareholders Foundation announces that an investigation for investors of Keyuan Petrochemicals, Inc. over possible securities laws violations was initiated and KEYP stockholders should email to firstname.lastname@example.org
If you purchased shares of Keyuan Petrochemicals, Inc. , and/or if you have any information relating the investigation including former employees and /or whistleblowers, you have certain options and you should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on potential securities claims against Keyuan Petrochemicals, Inc. 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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The Shareholders Foundation, Inc. is a professional portfolio monitoring service and an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.