On or around 11/08/2016 (Ongoing date of last review)
Filing Date: September 06, 2016
According to the law firm press release, the lawsuit alleges BlueNRGY issued materially false financial statements during the Class Period. On October 24, 2014, BlueNRGY announced that its previously issued audited financial statements for the fiscal years 2012 and 2013 and interim financial statements for the six months ended December 31, 2013 cannot be relied upon by investors.
Company & Securities Information
Defendant: BlueNRGY Group Limited
Industry: Alternative Energy
Ticker Symbol: CBDEF
Company Market: OTC-BB
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Kenneth Lyons, et al. v. BlueNRGY Group Limited, et al.