ATLANTA, Oct. 12, 2007 LAWFUEL – The US Legal Newswire — On October 9, 2007, Atlas Mining Company (“Atlas”) (OTCBB:ALMI) announced it would have to restate its financial statements as a result of improper revenue
recognition practices and other violations of generally accepted
accounting principles dating from 2004 through the current fiscal
quarter-causing investors substantial losses.
Holzer Holzer & Fistel, LLC today announced that it is investigating
whether Atlas and/or its officers or directors violated federal
securities laws. Holzer Holzer & Fistel, LLC is an Atlanta, Georgia law
firm that represents shareholders and investors in a variety of matters
nationwide, including shareholder class action and derivative
litigation. More information about the firm is available through its
website at www.holzerlaw.com.
Current or former Atlas shareholders with questions concerning their
legal rights are welcome to contact the firm’s managing partner, Corey
D. Holzer, Esq., via email to [email protected] or telephone (888)
Holzer Holzer & Fistel, LLC has paid for the dissemination of this
promotional communication, and Corey D. Holzer is the attorney
responsible for its content.