Business News • MarketWire • Saxena White Reminds Investors the Lead Plaintiff Deadline in Class Action Against China-Biotics Inc. Is November 16, 2010 |
Saxena White Reminds Investors the Lead Plaintiff Deadline in Class Action Against China-Biotics Inc. Is November 16, 2010 |
|
|
Saxena White Reminds Investors the Lead Plaintiff Deadline in Class Action Against China-Biotics Inc. Is November 16, 2010
BOCA RATON, FL--(Marketwire - November 5, 2010) - Saxena White P.A. reminds all investors of China-Biotics, Inc. ("China-Biotics" or the Company) (NASDAQ: CHBT) that the Lead Plaintiff deadline for the class action filed in the United States District Court for the Southern District of New York is Tuesday, November 16, 2010. The Complaint asserts violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 against China-Biotics and certain of its present and former officers and directors for making material misstatements and omissions about the Company's true financial condition. According to the Complaint, during the Class Period Defendants misled investors about the quality, nature, and quantity of China-Biotics' purported retail outlets and stores.
View More : http://www.marketwire.com/mw/release.do?id=1348296&sourceType=3
|
|
|