Holzer Holzer & Fistel, LLC Announces That It Has Filed a Class Action Lawsuit on Behalf of ShengdaTech Shareholders (SDTH)

Holzer Holzer & Fistel announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of purchasers of ShengdaTech SDTH common stock who purchased shares between March 15, 2010 and March 15, 2011, inclusive. The lawsuit alleges that a series of statements regarding ShengdaTech's business, its prospects and its operations were materially false and misleading at the time they were made.