L&L Energy
| Type | Public (OTC Pink: LLEN) |
|---|---|
| Industry | Metals and Mining |
| Founded | 1995 |
| Defunct | March 2, 2015 |
| Headquarters | Seattle, Washington, United States |
Area served | People's Republic of China |
Key people | Dickson V. Lee (CEO) Clayton Fong (Vice President) Ian G. Robinson (CFO) |
| Products | Coal |
| Services | Coal production |
L&L Energy, Inc. was an American company headquartered in Seattle, Washington, in the business of producing, processing, and selling coal in the People's Republic of China.
As of 2011, the company was focused on acquiring small-scale coal mining operations in China, as well as supplies of American coal that it planned to process and sell in China.[1]
The company was de-listed from the NASDAQ in April 2014, shortly following the announcement of investigations of the company by the SEC and Department of Justice.[2] In 2015, the U.S. District Court sentenced the company to five years of probation, and CEO Dickson Lee (Now Ted Lee) to a five-year prison term for securities fraud.[3][4] Lee was accused of misrepresenting the company's chief financial officer and internal controls in order to achieve a stock market listing, and of deceiving investors.[5] However, he was not arrested.
Former U.S. Transportation Secretary Norman Mineta at one time served on the board of the company.[6]
References
- ^ Barker, Christopher (2011-06-16). "Under the Microscope in China: L&L Energy". www.fool.com. Retrieved 2016-07-29.
- ^ Inc., L & L Energy. "L&L Energy to Voluntarily Delist from the NASDAQ Stock Exchange". www.prnewswire.com (Press release). Retrieved 2016-07-29.
{{cite press release}}:|last=has generic name (help) - ^ "Company profile". L&L Energy. Archived from the original on 22 June 2008. Retrieved 4 March 2013.
- ^ "L&L Energy buys majority stake in Chinese coal mine. L&L Energy founder gets 5 years in U.S. prison for fraud". Mining.com. 2012-06-18. Retrieved 4 March 2013.
- ^ "Coal company L&L Energy founder gets 5 years in U.S. prison for fraud". Reuters. 2015-02-20. Retrieved 2016-07-29.
- ^ Greenberg, Herb (2010-12-21). "Greenberg: Dangers Lurk in Chinese Reverse Mergers". CNBC. Retrieved 2016-07-29.
External links
 | This article about a United States company or corporation involved in the energy industry is a stub. You can help Wikipedia by adding missing information. |
Content Disclaimer
Informasi ini disarikan dari Wikipedia dan disajikan kembali untuk tujuan edukasi. Konten tersedia di bawah lisensi CC BY-SA 3.0. Kami tidak bertanggung jawab atas ketidakakuratan data yang bersumber dari kontribusi publik tersebut.
- The information displayed on this website is sourced in part or in whole from Wikipedia and has been adapted for the purpose of restating it. We strive to provide accurate and relevant information, however:
- There is no guarantee of absolute accuracy. Wikipedia is an open, collaborative project that can be edited by anyone, so information is subject to change.
- It is not intended to constitute professional advice. The content displayed is for informational and educational purposes only. For important decisions (e.g., medical, legal, or financial), please consult a professional.
- Content copyright. Wikipedia is licensed under the Creative Commons Attribution-ShareAlike License (CC BY-SA). This means that content may be reused with appropriate attribution and shared under a similar license.
- Responsible use. Any risk arising from the use of information from this website is entirely the responsibility of the user.