NEW YORK, Sept. 07, 2016 -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of BlueNRGY Group Limited, formerly known as CBD Energy Limited (NASDAQ:CBDE), between June 13, 2014 and October 24, 2014. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of Texas, Houston Division. To get more information go to:
http://www.zlk.com/pslra/bluenrgy-group-limited
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that during the Class Period BlueNRGY issued materially false financial statements. On October 24, 2014, BlueNRGY announced that its previously issued audited financial statements for the fiscal years 2012 and 2013 and interim financial statements for the six months ended December 31, 2013 cannot be relied upon by investors. According to BlueNRGY, certain related party transactions involving its former Executive Chairman and Managing Director, Gerard McGowan, were not accurately disclosed in its financial statements. The failure to disclose and properly account for Mr. McGowan’s related party transactions rendered BlueNRGY’s financial statements for the fiscal years 2012 and 2013 false and misleading.
If you suffered a loss in BlueNRGY you have until November 7, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com


SpaceX IPO: Retail Investors to Play Historic Role in Record-Breaking Public Offering
Ford Issues Major Recall on Over 422,000 Vehicles Due to Windshield Wiper Defect
Deere & Company Agrees to $99 Million Settlement Over Right-to-Repair Dispute
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure
Apple Turns 50: From Garage Startup to AI Crossroads
TSMC Japan's Second Fab to Produce 3nm Chips by 2028
LG Electronics Posts Record Q1 Revenue Amid Strong Demand and Cost Improvements
Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO
Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk
Tesla Q1 2026 Deliveries Miss Estimates as AI Strategy Takes Center Stage
Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman
Britain Courts Anthropic Amid US Defense Department Dispute
Fonterra Admits Anchor Butter "Grass-Fed" Label Misled Consumers After Greenpeace Lawsuit
First Western Ship Transits Strait of Hormuz Since Iran War Began
Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers
Paramount Skydance Secures $24B from Gulf Sovereign Wealth Funds for Warner Bros. Discovery Takeover 



