NEW YORK, Dec. 2, 2015 /PRNewswire/ -- Pomerantz LLP
is investigating claims on behalf of investors of Aoxing
Pharmaceutical, Inc. ("Aoxing" or the "Company") (NYSE MKT:
AXN). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com
or 888-476-6529, ext. 9980.
The investigation concerns whether Aoxing and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On December 1, 2015, post-market,
Aoxing reported the resignation of Wilfred
Chow, the Company's Chief Financial Officer, on November 30, 2015. On this news, Aoxing
shares fell $0.07, or 5.11%, to close
at $1.30 on December 2, 2015.
The Pomerantz Firm, with offices in New York, Chicago, Los
Angeles, and Florida, is
acknowledged as one of the premier firms in the areas of corporate,
securities, and antitrust class litigation. Founded by the late
Abraham L. Pomerantz, known as the
dean of the class action bar, the Pomerantz Firm pioneered the
field of securities class actions. Today, more than 70 years later,
the Pomerantz Firm continues in the tradition he established,
fighting for the rights of the victims of securities fraud,
breaches of fiduciary duty, and corporate misconduct. The Firm has
recovered numerous multimillion-dollar damages awards on behalf of
class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP