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Roy Jacobs & Associates Investigating RINO International Corporation for Possible Securities Law Violations (aRINOa)

^{Published on 2010-11-15 10:45:29 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--Roy Jacobs & Associates announces that it is investigating possible claims for the violation of the federal securities laws on behalf of purchasers of the common stock of RINO International Corporation (aRINOa or the aCompanya) (NASDAQ: RINO). RINO, through its subsidiaries, operates as an environmental protection and remediation company in the People's Republic of China.

For further information, please contact Roy L. Jacobs, Esq. toll-free at 1-888-884-4490 or by e-mail to [ rjacobs@jacobsclasslaw.com ].

The investigation focuses on allegations that certain statements issued by the Company regarding RINOa™s business, operations and prospects were false and misleading. Specifically, the investigation pertains to a November 10, 2010, research report questioning the Companya™s customer business relationships, financial results and the accuracy of its financial reporting. Further, today it was announced that earnings for the third quarter will be less than have of the earnings for the same period last year, and quarterly revenue fell 17% from the same period last year. The Company has also reduced its revenue outlook for the year. Since October 27, 2010, RINO shares have declined approximately 57% in value.

If you purchased RINO shares and you are interested in discussing your rights free of charge, please contact Roy L. Jacobs. Mr. Jacobs will be glad to personally speak with you.