A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of Longwei Petroleum Investment Holding Limited (AMEX:LPH) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on October 5, 2016 and AMEX:LPH investors should contact the Shareholders Foundation.

San Diego, CA — (SBWIRE) — 09/29/2016 — The Shareholders Foundation announced that a deadline is coming up on October 5, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Longwei Petroleum Investment Holding Limited (AMEX:LPH between September 28, 2010 and January 3, 2013.

Investors who purchased a significant amount of shares of Longwei Petroleum Investment Holding Limited (AMEX:LPH) between September 28, 2010 and January 3, 2013, have certain options and should contact the Shareholders Foundation by email at [email protected] or call 858-779-1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Longwei Petroleum Investment Holding Limited (AMEX:LPH) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/longwei-petroleum-investment-holding-limited-amex-lph-investor-securities-class-action-lawsuit-

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is October 5, 2016. The class action administrator for this case is Heffler Claims Group.

The lawsuit was originally filed in the U.S. District Court for the Central District of California over alleged violations of Federal Securities Laws by Longwei Petroleum Investment Holding Limited in connection with certain allegedly false and misleading statements made between May 17, 2010 and January 3, 2013. According to the complaint the plaintiff alleges on behalf of all purchasers of common stock of Longwei Petroleum Investment Holding Limited (AMEX: LPH) between May 17, 2010 and January 3, 2013, that Longwei Petroleum Investment Holding Limited and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between May 17, 2010 and January 3, 2013 materially false and misleading financial information.

Those who purchased shares of Longwei Petroleum Investment Holding Limited have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]