NEW YORK, March 25, 2013 /CNW/ - Morgan & Morgan, a class action law firm is investigating Silvercorp Metals, Inc., a company with shares listed on the Toronto Stock Exchange (TSX: SVM.TO). If you purchased shares on the Toronto Stock Exchange, your rights will not be protected in the pending United States securities fraud class action litigation. The U.S. litigation only covers those investors that purchased shares on the New York Stock Exchange.
Morgan & Morgan is investigating the United States Securities and Exchange Commission's 2010 investigation of Silvercorp's representations in its 2009 annual report. During June 2012, an amended NI-43-101 Technical Report published by Silvercorp reports that Silvercorp overstated silver production by 6.7%, lead production by 13.4%, and zinc production by 18.1% for the years 2009 - 2011.
If you purchased Silvercorp's securities listed on the Toronto Stock Exchange between February 10, 2010 and June 20, 2012, and wish to obtain additional information, please contact George Pressly, Esq. at 1 (800) 631-6234 or email George at firstname.lastname@example.org
Morgan & Morgan
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Peter Safirstein, Esq.
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SOURCE: Morgan & Morgan
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