L&L Energy controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
Securities-fraud conviction and sentencing
The company received five years of probation, while CEO Dickson Lee was sentenced to five years in prison for securities fraud. The case concerned alleged misrepresentations about management and internal controls and deception of investors.
2014
SEC and Department of Justice investigations
Federal investigations were announced concerning L&L Energy. The allegations later associated with the case included misrepresentations about the company's chief financial officer and internal controls, as well as conduct intended to support a stock-market listing and deceive investors.