AutoChina International Limited

The SEC recently filed an enforcement action against AutoChina and others for illegally manipulating AutoChina stock. The SEC action followed the Company's admission that its 2009 net income had been overstated by $89.5 million.

As a result of these adverse events, AutoChina stock has declined in value and shareholders have suffered losses in their investments. If you purchased AutoChina securities from Rodman & Renshaw LLC or Chardan Capital Markets LLC in connection with a registered direct offering beginning in March of 2010, or purchased AutoChina stock any time prior to April 11, 2012, you may be able to seek compensation for your losses.

Press Release

The Rosen Law Firm Announces Investigation of Securities Claims Against AutoChina International Limited

New York, N.Y., April 11, 2012.   The Rosen Law Firm, P.A. announces that it is investigating potential securities claims against AutoChina International Limited (“AutoChina”) (OTC: AUTCF).

On April 11, 2012 news outlets reported that the SEC filed an enforcement action alleging securities fraud against AutoChina and others for illegally manipulating the market for AutoChina stock.

On June 30, 2011, AutoChina announced that it had to restate its financial statements for the year ended December 31, 2009.  On November 30, 2011 the Company filed its restated financial information with the SEC, revealing an $89.5 million decrease in income from the Company’s statement of operations for 2009 due to the errors relating to the accounting for an earn-out obligation.

As a result of these adverse events, AutoChina stock has declined in value and shareholders have suffered losses in their investments.

If you purchased AutoChina securities from Rodman & Renshaw LLC or Chardan Capital Markets LLC in connection with a registered direct offering beginning in March of 2010, or purchased AutoChina stock any time prior to April 11, 2012, you may be able to seek compensation for your losses.

The Rosen Law Firm is investigating a potential class action lawsuit to help AutoChina shareholders recover their losses.  Please visit the website at http://www.rosenlegal.com or www.investorcounsel.us to join the proposed class action and for more information.  You may also contact Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or 如果您講中文,請致電張律師212-686-1060,或電郵 szhang@rosenlegal.com, 獲取該集體訴訟案件的具體信息.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.