Poyner Baxter LLP is actively investigating a potential class action against Sino-Forest Corporation ("Sino", TSX: "TRE") and its auditors, Ernst & Young, in relation to allegations that Sino grossly exaggerated its revenues and timber holdings in China to investors, and that Ernst & Young failed to discover these alleged misrepresentations.
Class actions by investors who claim to have suffered a loss of value of their shares in Sino as a result of these alleged misrepresentations have already been brought in Ontario and Quebec.
If you are a current or former shareholder in Sino who has suffered financial losses as a result of these allegations, please contact Poyner Baxter LLP for more information about this potential class action.
