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MILBERG LLP > Milberg LLP and Kim Orr Barristers P.C. Announce Investigation of Sino-Forest Corporation

Milberg LLP and Kim Orr Barristers P.C. Announce Investigation of Sino-Forest Corporation

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New York, NY — June 7, 2011 —

Milberg LLP and Kim Orr Barristers P.C. are investigating Sino-Forest Corporation (TSX: TRE; TRE.TO) and certain officers and directors for potential violations of securities laws.

In reaction to a critical report published by Muddy Waters LLC, a research firm and reported short-seller of Sino Forest securities, on June 2, 2011, shares of Sino-Forest fell more than 70% over two trading days to C$5.23 per share, on unusually high volume.

Sino-Forest is an integrated forest products company.  It asserts that it has rights to manage and operate plantations in southern China, and that its activities include timber harvesting, replanting, maintenance, wood chip processing, and marketing and export operations.

Any shareholder litigation would likely be filed in Ontario.

Kim Orr Barristers P.C. (Toronto) is one of Canada’s preeminent litigation firms.  It represents both plaintiffs and defendants in securities and product liability class actions in local, national, and trans-border matters.  It is currently lead counsel for plaintiffs in Sharma v. Timminco Ltd. and Gould v. Western Coal Corporation, pending in the Ontario Superior Court of Justice.  Please visit www.kimorr.ca for more information about the firm.

Milberg LLP (New York) has been representing individual and institutional investors for more than four decades and serves as lead counsel in securities actions in federal and state courts throughout the United States.  Milberg is also assisting Kim Orr in the Timminco and Western Coal cases.  Michael C. Spencer, a member of Milberg’s Executive Committee, is admitted to the Law Society of Upper Canada (Ontario bar).  Please visit www.milberg.com for more information about the Firm.

If you wish to discuss this matter with us, or have any questions, please contact:

Michael C. Spencer  (mspencer@milberg.com)
Andrei V. Rado  (arado@milberg.com)
Milberg LLP
One Pennsylvania Plaza, 49th Floor
New York, NY 10119-0165
Tel. 800 320-5081 or +1 212 594-5300

Won J. Kim (wjk@kimorr.ca)
Kim Orr Barristers, P.C.
200 Front Street West, 23rd Floor
Toronto, ON M5V 3K2
Canada
Tel. 416 596-1414

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