The law firm of Lieff Cabraser Heimann & Bernstein, LLP reminds investors of the upcoming October 18, 2011 deadline to move for appointment as lead plaintiff in the class action lawsuits against SinoTech Energy Limited (“SinoTech” or the “Company”) (Nasdaq: CTE). The lawsuits are brought on behalf of purchasers of SinoTech American Depository Shares (“ADS”) between November 3, 2010 and August 16, 2011 (the “Class Period”), including purchasers of SinoTech ADS in the Company’s initial public offering (the “IPO”) on November 3, 2010.

If you purchased or acquired SinoTech ADSs during the Class Period and/or in the IPO, you may move the Court for appointment as lead plaintiff by no later than October 18, 2011. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Your share of any recovery in the action will not be affected by your decision of whether to seek appointment as lead plaintiff. You may retain Lieff Cabraser, or other attorneys, as your counsel in the action.

SinoTech shareholders who wish to learn more about the actions and how to seek appointment as lead plaintiff should click here or contact Sharon Lee of Lieff Cabraser toll free at (800) 541-7358.

Background on the SinoTech Securities Class Litigation

The lawsuits allege that during the Class Period, defendants made materially false and misleading statements regarding SinoTech’s financial condition and prospects. On August 16, 2011, an anonymous research analyst published a report detailing numerous problems with SinoTech’s previously issued financial statements. On that day, SinoTech ADS fell more than 40% to close at $2.35 per share. After the market closed on August 16, 2011, NASDAQ halted trading in SinoTech ADS. To date, trading in the ADS remains halted.

About Lieff Cabraser

Lieff Cabraser Heimann & Bernstein, LLP, with offices in San Francisco, New York and Nashville, is a nationally recognized law firm committed to advancing the rights of investors and promoting corporate responsibility.

Since 2003, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs’ law firms in the nation. Lieff Cabraser is one of only two plaintiffs’ law firms in the United States to receive this honor for the last nine consecutive years.

For more information about Lieff Cabraser and the firm’s representation of investors, please visit http://www.lieffcabraser.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

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