EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities Claims Against ForceField Energy Inc.
16 April 2015 - 7:50AM
Business Wire
The Rosen Law Firm, a global investor rights law firm, announces
it is investigating potential securities claims on behalf of
investors of ForceField Energy (NASDAQ:FNRG) resulting from
allegations that ForceField Energy may have issued materially
misleading business information to the investing public.
On April 15, 2015, Seeking Alpha published a report on
ForceField Energy, which asserts that: (i) it was previously a
client of the now defunct The Dream Team Group—a firm that received
payment to write undisclosed articles; (ii) it has engaged paid
promoters to issue a series of upbeat reports on its prospects;
(iii) some of these reports made use of undisclosed promotions
pretending to be independent authors; and (iv) its management has
close ties to past fraudulent companies and activities. On this
news, shares of ForceField Energy fell $1.66 per share or over 21%
to close at $6.05 per share on April 15, 2015.
The Rosen Law Firm is preparing a class action lawsuit to
recover losses suffered by ForceField Energy investors. If you
purchased shares of ForceField Energy on or before April 15, 2015,
please visit the firm’s website at
http://rosenlegal.com/cases-576.html for more information. You may
also contact Phillip Kim, Esq. or Jonathan Horne, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or jhorne@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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