{"id":430778,"date":"2021-02-08T10:33:32","date_gmt":"2021-02-08T15:33:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=430778"},"modified":"2021-02-08T10:33:32","modified_gmt":"2021-02-08T15:33:32","slug":"deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/","title":{"rendered":"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">LOS ANGELES<\/span>, <span class=\"xn-chron\">Feb. 8, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3060969-1&amp;h=3677562184&amp;u=https%3A%2F%2Fschallfirm.com%2F&amp;a=The+Schall+Law+Firm\" rel=\"nofollow noopener noreferrer\">The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against\u00a0Semiconductor Manufacturing International Corporation (&#8220;SMIC&#8221; or &#8220;the Company&#8221;) (OTC: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3060969-1&amp;h=3003489995&amp;u=https%3A%2F%2Ffinance.yahoo.com%2Fquote%2FSMICY&amp;a=SMICY\" rel=\"nofollow noopener noreferrer\">SMICY<\/a>)\u00a0for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule <span class=\"xn-money\">10b<\/span>-5 promulgated thereunder by the U.S. Securities and Exchange Commission.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1396534\/Schall_Firm_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1396534\/Schall_Firm_Logo.jpg\" title=\"(PRNewsfoto\/The Schall Law Firm)\" alt=\"(PRNewsfoto\/The Schall Law Firm)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Investors who purchased the Company&#8217;s securities between <span class=\"xn-chron\">April 23, 2020<\/span> and <span class=\"xn-chron\">September 26, 2020<\/span>, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before <span class=\"xn-chron\">February 8<\/span>, 2021.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/p>\n<p>If you are a shareholder who suffered a loss, <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3060969-1&amp;h=2571428455&amp;u=https%3A%2F%2Fschallfirm.com%2Fcases%2Fsemiconductor-manufacturing-international-corporation%2F%23case-form&amp;a=click+here+to+participate\" rel=\"nofollow noopener noreferrer\">click here to participate<\/a>.<\/p>\n<p>We also encourage you to contact <span class=\"xn-person\">Brian Schall<\/span> of the Schall Law Firm, 2049 Century Park East, Suite 2460, <span class=\"xn-location\">Los Angeles, CA<\/span> 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm&#8217;s website at\u00a0<u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3060969-1&amp;h=4046328295&amp;u=http%3A%2F%2Fpr.report%2FmIwBkOrU&amp;a=www.schallfirm.com\" rel=\"nofollow noopener noreferrer\">www.schallfirm.com<\/a><\/u>, or by email at\u00a0<u><a target=\"_blank\" href=\"mailto:brian@schallfirm.com\" rel=\"nofollow noopener noreferrer\">brian@schallfirm.com<\/a><\/u>.<\/p>\n<p>The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. <\/p>\n<p>According to the Complaint, the Company made false and misleading statements to the market. SMIC suffered from an increased chance of U.S. sanctions due to an &#8220;unacceptable risk&#8221; that equipment supplied to the Company would be used for military applications. Due to these restrictions, the Company&#8217;s suppliers would require &#8220;difficult-to-obtain&#8221; individual export licenses. Based on these facts, the Company&#8217;s public statements were false and materially misleading. When the market learned the truth about SMIC, investors suffered damages.<\/p>\n<p>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3060969-1&amp;h=3622337725&amp;u=https%3A%2F%2Fschallfirm.com%2Fcases%2Fsemiconductor-manufacturing-international-corporation%2F%23case-form&amp;a=Join+the+case\" rel=\"nofollow noopener noreferrer\">Join the case<\/a>\u00a0to recover your losses.<\/p>\n<p>The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.<\/p>\n<p>This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LA72949&amp;sd=2021-02-08\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100-000-to-contact-the-firm-301223935.html\">http:\/\/www.prnewswire.com\/news-releases\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100-000-to-contact-the-firm-301223935.html<\/a><\/p>\n<p>SOURCE  The Schall Law Firm<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA72949&amp;Transmission_Id=202102081030PR_NEWS_USPR_____LA72949&amp;DateId=20210208\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire LOS ANGELES, Feb. 8, 2021 \/PRNewswire\/ &#8212;\u00a0The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against\u00a0Semiconductor Manufacturing International Corporation (&#8220;SMIC&#8221; or &#8220;the Company&#8221;) (OTC: SMICY)\u00a0for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between April 23, 2020 and September 26, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-430778","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire LOS ANGELES, Feb. 8, 2021 \/PRNewswire\/ &#8212;\u00a0The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against\u00a0Semiconductor Manufacturing International Corporation (&#8220;SMIC&#8221; or &#8220;the Company&#8221;) (OTC: SMICY)\u00a0for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between April 23, 2020 and September 26, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, &hellip; Continue reading &quot;DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-08T15:33:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1396534\/Schall_Firm_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\",\"datePublished\":\"2021-02-08T15:33:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\\\/\"},\"wordCount\":356,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1396534\\\/Schall_Firm_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\\\/\",\"name\":\"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/","og_locale":"en_US","og_type":"article","og_title":"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - Market Newsdesk","og_description":"PR Newswire LOS ANGELES, Feb. 8, 2021 \/PRNewswire\/ &#8212;\u00a0The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against\u00a0Semiconductor Manufacturing International Corporation (&#8220;SMIC&#8221; or &#8220;the Company&#8221;) (OTC: SMICY)\u00a0for violations of \u00a7\u00a710(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company&#8217;s securities between April 23, 2020 and September 26, 2020, inclusive (the &#8221;Class Period&#8221;), are encouraged to contact the firm before February 8, 2021.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, &hellip; Continue reading \"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/","og_site_name":"Market Newsdesk","article_published_time":"2021-02-08T15:33:32+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1396534\/Schall_Firm_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm","datePublished":"2021-02-08T15:33:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/"},"wordCount":356,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1396534\/Schall_Firm_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/deadline-today-the-schall-law-firm-announces-the-filing-of-a-class-action-lawsuit-against-semiconductor-manufacturing-international-corporation-and-encourages-investors-with-losses-in-excess-of-100\/","name":"DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Semiconductor Manufacturing International Corporation and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm - 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