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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: TobagoJack who wrote (59969)	5/1/2006 5:06:30 PM
From: shades	Read Replies (1) of 110194

China Energy Tech Target of Purported Class-Action Suit (did these hong kong types lie?) Dow Jones Newswires China Energy Savings Technology Inc. (CESV) was named the defendant in a securities lawsuit seeking class action status filed in U.S. District Court for the Southern District of New York. The suit claims that the Hong Kong company, which sells energy-saving products in China, issued a series of materially false statements concerning a private placement and other matters. The suit seeks to represent investors who acquired China Energy securities between April 21, 2005 and Feb. 15, 2006. China Energy disclosed in February that the Securities and Exchange Commission was conducting an informal inquiry into the company. Efforts to reach China Energy for comment weren't immediately successful. -John Seward; 201-938-5400; AskNewswires@dowjones.com (END) Dow Jones Newswires May 01, 2006 15:36 ET (19:36 GMT) Copyright (c) 2006 Dow Jones & Company, Inc.- - 03 36 PM EDT 05-01-06

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