Rosen Law Firm Files Class Action Against China Sky One Medical, Inc. - CSKI
24 3월 2012 - 11:55PM
The Rosen Law Firm, P.A. today announced that it has filed a class
action lawsuit on behalf of investors who purchased the securities
of China Sky One Medical, Inc. ("China Sky One" or the "Company)
(Nasdaq:CSKI) securities between April 16, 2009 and February 14,
2012, inclusive (the "Class Period").
To join the China Sky One class action and recover your
investment losses, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at
866-767-3653; you may also email pkim@rosenlegal.com for
information on the class action. The action filed by the Rosen Law
Firm is pending in the U.S. District Court for the Central District
of California.
The Complaint asserts violations of the federal securities laws
against China Sky One and its officers and directors for issuing
false and misleading information to investors about the Company's
financial and business condition. Specifically, the Complaint
alleges: (1) the Company overstated earnings; (2) the Company's
gross margins were inflated; and (3) the Company lacked adequate
internal and financial controls.
The Complaint alleges that when the market learned of the
alleged fraud, the price of China Sky One stock dropped, causing
investors losses.
You can join the class action and seek to recover your
losses.
If you wish to serve as lead plaintiff, you must move the Court
no later than April 24, 2012. A lead plaintiff is a
representative party acting on behalf of other class members in
directing the litigation. If you wish to join the litigation,
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free,
at 866-767-3653, or via e-mail at pkim@rosenlegal.com. You may
also visit the firm's website at http://www.rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Jon Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
China Sky One Medical, Inc. (MM) (NASDAQ:CSKI)
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China Sky One Medical, Inc. (MM) (NASDAQ:CSKI)
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