Federman & Sherwood Announces That a Securities Class Action Lawsuit Has Been Filed Against Silvercorp Metals, Inc. (NYSE: SVM)

Fri Jan 11, 2013 4:28pm EST

* Reuters is not responsible for the content in this press release.

OKLAHOMA CITY, OK, Jan 11 (Marketwire) -- 
On December 28, 2012, a class action lawsuit was filed in the United
States District Court for the Southern District of New York against
Silvercorp Metals, Inc. (NYSE: SVM). The complaint alleges violations of
federal securities laws, Sections 10(b) and 20(a) of the Securities
Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a
series of material or false misrepresentations to the market during the
Class Period, which is June 24, 2010 through September 13, 2011.

    Plaintiff seeks to recover damages on behalf of all Silvercorp Metals,
Inc. shareholders who purchased common stock during the Class Period and
are therefore a member of the Class as described above. You may move the
Court no later than Friday, March 1, 2013 to serve as a lead plaintiff
for the entire Class. However, in order to do so, you must meet certain
legal requirements pursuant to the Private Securities Litigation Reform
Act of 1995.

    If you wish to discuss this action, obtain further information and
participate in this or any other securities litigation, or should you
have any questions or concerns regarding this notice or preservation of
your rights, please contact:

    

K. Lynn Nunn
FEDERMAN & SHERWOOD 
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: kln@federmanlaw.com
Or, visit the firm's website at www.federmanlaw.com 

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