CASES
China Intelligent Lighting and Electronics, Inc.
Class Period: Jun 18, 2010 to Mar 29, 2011
Lead Plaintiff Deadline: May 31, 2011 + Deadline passed
Summary of Case:
A securities class action has been filed against China Intelligent Lighting and Electronics, Inc. (CIL) (China Intelligent) on behalf of all persons who purchased the securities of China Intelligent from June 18, 2010 through March 29, 2011. This case has been filed in the USDC - California (Central).
The Complaint alleges as follows: Throughout the Class Period, the defendants made false and/or misleading statements, and failed to disclose material adverse facts about China Intelligent Lighting and Electronics, Inc.'s (the "Company") business, operations, prospects and performance. Specifically, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that the financial statements included in the registration statement as of December 31, 2009 was materially false and misleading and could not be relied upon as they contained material errors. Moreover, the Company's financial statements for the quarterly periods in 2010 were also materially false and misleading and could not be relied upon.
If you purchased this company's shares during the Class Period and suffered a loss or for further information about the case, please review the links below.