- L&L Energy (LLEN) says it is forming an independent committee to examine allegations made yesterday by GeoInvesting which sent shares plunging 38%.
- GeoInvesting said LLEN has defrauded investors by booking revenue from idled operations, and the company's acquisitions and sales of various properties amounts to "a bait and switch game."
- LLEN says the blogger "has made false and misleading statements about the company in the past, while admitting they were actively shorting our stock."
- LLEN +0.8% premarket.
From other sites
at CNBC.com (Jan 12, 2011)
at CNBC.com (Jan 3, 2011)
at CNBC.com (Dec 21, 2010)
at CNBC.com (Dec 10, 2010)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs