MONDAY DEADLINE: Levi & Korsinsky, LLP Reminds Shareholders of Cellular Biomedicine Group Inc. of Pendency of Class Action La...
June 19 2015 - 3:30PM
Business Wire
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20150619005800/en/
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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