2011-04-05 01:54:23 -
Levi & Korsinsky, LLP is investigating potential securities fraud claims against Duoyuan Global Water, Inc. (“DGW” or the “Company”) (NYSE: DGW) resulting from allegations that the Company may have issued materially inaccurate financial statements to the investing public between June 24, 2009 and April 4, 2011.
On April 4, 2011, analyst firm Muddy Waters issued a report suggesting that DGW is a systemic fraud, its revenues have been significantly overstated, and its audit reports have been fabricated. Muddy Waters claims to have conducted extensive surveillance of a DGW factory and observed minimal production and virtually no shipments in or out of the factory. In addition, Muddy Waters claims that DGW engaged in various alleged financial improprieties.
Levi & Korsinsky, LLP is investigating a securities class
action lawsuit on behalf of DGW investors. If you purchased DGW stock between June 24, 2009 and April 4, 2011, and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com : mailto:jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
www.zlk.com/duoyuan-global-water-dgw.html :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .
Levi & Korsinsky, LLP represents investors in shareholder’s rights claims, concentrating its practice in securities class actions. Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below.
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Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.30 Broad Street - 15th FloorNew York, NY 10004Tel:
(212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171 www.zlk.com :
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. 
