The Briscoe Law Firm, PLLC, founded by a former state prosecutor and enforcement attorney for the United States Securities and Exchange Commission, and the securities law firm of Powers Taylor, LLP are investigating potential legal claims against the officers and Board of Directors of ShengdaTech, Inc. (?ShengdaTech? or ?SDTH?) (NASDAQ: SDTH) during the period of March 15, 2010 through March 15, 2011.

Trading in ShengdaTech was halted on Tuesday, March 15, 2011 after the company issued a press release announcing the delay in filing its Annual Report for the fiscal year ended December 31, 2010. In addition, ShengdaTech stated that its board of directors formed a special committee to investigate "potentially serious discrepancies and unexplained issues" relating to ShengdaTech and its subsidiaries' financial records identified in the course of an audit of the consolidated financial statements. Our investigation concerns whether the officers and directors of ShengdaTech breached fiduciary duties to shareholders by issuing materially inaccurate financial statements to the investing public.

If you currently own or purchased ShengdaTech/SDTH shares and would like additional information regarding this investigation or if you have information regarding the allegations against the company, please contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at patrick@powerstaylor.com, or Willie Briscoe at The Briscoe Law Firm, PLLC toll free (877) 397-5991, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.

The Briscoe Law Firm is a full service business litigation, commercial transaction, and public advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Powers Taylor, LLP
Patrick Powers, 877-728-9607
patrick@powerstaylor.com,
or
The Briscoe Law Firm, PLLC
Willie Briscoe, 877-397-5991
WBriscoe@TheBriscoeLawFirm.com