GLG Life Tech Corporation (NASDAQ: GLGL)

A class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of purchasers of the common stock of GLG Life Tech Corporation (NASDAQ: GLGL) between February 1, 2011 and November 13, 2011, inclusive (the "Class Period").

The Complaint charges that GLG and certain of its officers and directors violated the federal securities laws by issuing a series of materially false statements about the Company's business condition and performance. Specifically, the Complaint alleges that officials at GLG concealed material adverse facts about: (i) the truth surrounding GLG's production issues; (ii) the poor consumer response to the Company's signature All Natural Zero and Zero Calorie (AN0C) and stevia product lines; and (iii) that GLG would not meet its earnings projections.

On October 6, 2011, GLG issued a press release containing a partial acknowledgement the Company was experiencing production, demand, and distributor issues that were impacting its business. Then, on November 14, 2011, the Company announced disappointing financial results for the fiscal quarter ending September 30, 2011. These results contained the additional acknowledgement that, in response to ongoing production and demand issues, GLG "decided to temporarily discontinue providing formal financial guidance in revenues, EBITDA and capital expenditures."

If you are a current shareholder and/or purchased stock between February 1, 2011 and November 13, 2011, and would like to discuss your options of exercising your rights as a shareholder, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.

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