Company: | Wonder Auto Technology, Inc. |
Ticker Symbol: | WATG |
Class Period: | May-14-08 to May-6-11 |
Date Filed: | Jul-6-11 |
Lead Plaintiff Deadline: | Sep-4-11 |
Court: | ---- |
Allegations: |
The lawsuits allege that on March 1, 2011, the Company announced that its financial statements for 2008 and 2009 "should no longer be relied upon due to a cutoff error regarding timing of revenue in such periods." On May 6, 2011, NASDAQ halted the trading of Wonder Auto stock. On May 20, 2011, the Company stated that an Audit Committee investigation had been commenced "in response to a report alleging that the Company had engaged in several transactions without properly disclosing their related-party nature."
If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.