Longwei Petroleum (LPH) responds to fraud allegations which sent shares plunging 73% yesterday...

|About: Longwei Petroleum Investmen... (LPIH)|By:, SA News Editor

Longwei Petroleum (LPH) responds to fraud allegations which sent shares plunging 73% yesterday before a trading halt; LPH says the report contains "numerous errors of facts, misleading speculations and malicious interpretations of events," and will release additional information concerning the allegations "in due course." Trading still halted.