Faruqi & Faruqi, LLP Investigates Potential Wrongdoing at John Paulson's Advantage and Advantage Plus Funds in Connection With Their Investments in Sino-Forest Corp

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Feb 22, 2012, 07:00 ET

NEW YORK, Feb. 22, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a national law firm concentrating on investor rights, consumer rights and enforcement of federal antitrust laws, is investigating potential wrongdoing at Paulson's Advantage and Advantage Plus funds (the "Funds"). Faruqi & Faruqi, LLP seeks to determine whether Paulson & Co. Inc. or Paulson Advisors LLC violated their fiduciary duties in connection with the Funds' investments in Sino-Forest Corp. ("Sino-Forest" or the "Company") (TSX: TRE.TO; OTC: SNOFF.PK). Specifically, the investigation concerns whether Paulson's firms failed to properly vet Sino-Forest before investing in the Company, which subsequently was accused of overstating the value of its assets, and in turn cost the Funds hundreds of millions of dollars.

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Take Action
If you purchased Paulson Funds and would like to discuss your legal rights, visit www.faruqilaw.com/Paulson. You can also contact us by calling Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected] or [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding the Paulson Funds' conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

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FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Francis McConville, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330