The Rosen Law Firm Launches Investigation of Shareholder Securities Claims Against RINO International Corporation

The Rosen Law Firm today announced that it has commenced an investigation into allegations that RINO International Corporation RINO may have violated the federal securities laws by issuing false and misleading statements to investors about its business and financial condition. Recently, one market commentator published a report questioning the accuracy of RINO's financial statements. In its SEC filed annual report for fiscal 2009, RINO reported $193 million of revenue, while the annual report it filed for 2009 with the China State Administration for Industry and Commerce reported only $11 million of revenue. This discrepancy, along with other accounting inconsistencies and questionable transactions between RINO and its management, has raised red flags and prompted an internal review. As a result of these allegations, the Rosen Law Firm is preparing a class action lawsuit on behalf of investors who suffered losses purchasing RINO stock.