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Levi & Korsinsky Notifies Investors with Losses on their Investment in HQ Sustainable Maritime Industries, Inc. of Class Action
1 pages
Published by
associate5
Levi & Korsinsky announces that a class action lawsuit has been commenced in the
United States District Court for the Western District of Washington on behalf of
purchasers of HQ Sustainable Maritime Industries, Inc.
(AMEX: HQS) who...
[More]
Levi & Korsinsky announces that a class action lawsuit has been commenced in the
United States District Court for the Western District of Washington on behalf of
purchasers of HQ Sustainable Maritime Industries, Inc.
(AMEX: HQS) who purchased
stock between May 11, 2009 and April 1, 2011.
New York, NY, May 05, 2011 -- Levi & Korsinsky announces that a class action
lawsuit has been commenced in the United States District Court for the Western
District of Washington on behalf of purchasers of HQ Sustainable Maritime
Industries, Inc.
(?HQS?) (AMEX: HQS) who purchased stock between May 11, 2009 and
April 1, 2011 (the ?Class Period?).
The complaint alleges that HQS and certain of its officers and/or directors
violated federal securities laws by issuing false and/or misleading statements.
In
particular, the Complaint alleges that (a) a substantial portion of the Company?s
revenues were overstated; (b) HQS?s financial statements were materially false and
misleading; (c) HQS operated with
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april,
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securities,
statements,
stock,
sustainable,
york
