INVESTOR ALERT: Investigation of Sound Global Ltd. Announced by Glancy Binkow & Goldberg LLP
20 Março 2015 - 1:32PM
Business Wire
Glancy Binkow & Goldberg LLP announces that it is
investigating potential claims on behalf of investors of Sound
Global Ltd. (“Sound Global” or the “Company”) (Other OTC:SGXXF)
concerning possible violations of federal securities laws. The
investigation is focused on the Company’s operations and financial
performance.
Please contact Lesley Portnoy at (888) 773-9224 or (310)
201-9150, or at shareholders@glancylaw.com to discuss this matter.
If you inquire by email please include your mailing address,
telephone number and number of shares purchased.
Sound Global is a China-based company that provides water and
wastewater treatment solutions in the People’s Republic of China,
Saudi Arabia, and Bangladesh. The investigation is related to a
report published February 4, 2015, by Emerson Analytics alleging
that Sound Global overstated its 2013 profitability and that the
actual amount was “merely one third of [its] announced
[profitability].”
Then, on March 16, 2014, Bloomberg reported that Sound Global
disclosed in a regulatory filing that the Company “may fail to file
its 2014 annual report by the end of April, potentially
contravening listing rules,” and that Sound Global stated it “needs
more time to prepare information required for auditors.”
If you purchased Sound Global securities, if you have
information or would like to learn more about these claims, or have
any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Lesley
Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067 at (310)
201-9150, Toll Free at (888) 773-9224, by e-mail to
shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include
your mailing address, telephone number and number of shares
purchased.
This press release may be considered Attorney Advertising in
some jurisdictions under the applicable law and ethical rules.
Glancy Binkow & Goldberg LLP, Los Angeles, CALesley
Portnoy310-201-9150888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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