SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cellular Biomedicine Group Inc. of Pendency of Class Action...
April 23 2015 - 2:01PM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or
otherwise acquired securities of Cellular Biomedicine Group
Inc. (Nasdaq:CBMG) between June 18, 2014 and April
7, 2015.
You are hereby notified that a securities class
action lawsuit has been commenced in the United States District
Court for the Northern District of California. If you purchased or
otherwise acquired Cellular Biomedicine Group Inc. ("Cellular
Biomedicine") securities between June 18, 2014 and April 7, 2015,
your rights may be affected by this action. To get
more information go to:
HTTP://ZLKDOCS.COM/CBMG-INFO-REQUEST-FORM-2850
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972. There is no cost or obligation to
you.
The complaint alleges that, among other allegations, the Company
used paid stock promoters to achieve its $500 million valuation,
but failed to disclose the use of promoters in its regulatory
filings.
On April 7, 2015, an article featured on Seeking Alpha alleged
that the Company was engaged in a fraudulent scheme to mislead
investors.
If you suffered a loss in Cellular Biomedicine you have
until June 22, 2015 to request that the Court appoint you
as lead plaintiff. Your ability to share in any recovery doesn't
require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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