Puda Coal (PUDA) Remains Halted with 'News Pending'

April 12, 2011 9:37 AM EDT
Shares of Puda Coal (AMEX: PUDA) remain halted on the Amex Tuesday.

The stock was halted Monday at 8:20am ET and did not trade at all.

The exchange continues to list Puda's halt status as "T1 - News Pending."

Puda announced Monday it began an investigation related to allegations of unauthorized transactions and that Ming Zhao, Co-Founder and Chairman will be taking a voluntary leave of absence.


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