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Wonder Auto Technology, Inc. WATG Securities Stock Fraud

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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:
New York, NY: Securities class action lawsuits have been filed on behalf of those who purchased common stock of Wonder Auto Technology, Inc. ("Wonder Auto" or the "Company") between May 14, 2008, and May 6, 2011 (the "Class Period").

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.

Wonder Auto Technology, Inc. WATG Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Wonder Auto Technology, Inc. securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

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