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LOS ANGELES--([ BUSINESS WIRE ])--The Law Offices of Todd M. Garber announces that shareholders of Suntech Power Holdings Co., Ltd. (aSuntecha or the aCompanya) (NYSE:STP) have until October 1, 2012 to move for lead plaintiff status in the shareholder lawsuit filed in the United States District Court for the Northern District of California. The lawsuit was filed on behalf of a class (the aClassa) comprising all purchasers of Suntech American Depositary Shares between August 18, 2010 and July 30, 2012, inclusive (the aClass Perioda).

Suntech engages in the design, development, manufacture and marketing of photovoltaic products. On July 30, 2012 the Company disclosed its investigation into a security interest Suntech purportedly received from GSF Capital Pte Ltd., the parent of the general partner of Global Solar Fund, S.C.A., Sicar (aGSFa) a" an investment fund created to make investments in private companies that own or develop projects in the solar energy sector that had 80% of its share equity owned by Suntech. According to Suntech, outside counsel that had been hired as part of Suntechas initiative to monetize its investment in GSF had noted certain facts and circumstances suggesting that EURO 560.0 million of German government bonds purportedly pledged to the Company in May 2010 may not have ever existed. Suntech further disclosed that it had filed legal claims against relevant parties in multiple jurisdictions to assert control of GSF and its assets.

If you are a member of the above-described Class, you may move the Court no later than October 1, 2012 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time. You may retain counsel of your choice or take no action and remain an absent Class member. If you wish to discuss this action or have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by telephone at 213-700-7262 or by email to [ info@toddgarberlaw.com ].

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