The following excerpt is from the company's SEC filing.
PetroChina Company Limited (the Company) became aware that, by reason of the PRC authorities investigation of certain former directors and
senior management of the Company, an on overseas individual shareholder has recently filed a class action complaint with the United States District Court for the Southern District of New York against the Company and two former and current directors
and two former and current senior management of the Company for alleged violations of the securities laws of the United States. As far as the Company is aware, the Company and the individual defendants have not been served with any formal documents
or notice of the complaint. It is possible that similar complaints may be filed in the United States. The Company will vigorously contest the complaint to protect the legitimate rights and interests of the Company.
Based on information available to the Board of Directors, the Companys normal business operations are not affected. The Company will closely follow the
progress of the complaint and disclose the relevant information in a timely manner in accordance with regulatory requirements.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
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