Scott+Scott, Attorneys at Law, LLP Announces Investigation of ForceField Energy Inc. (FNRG)
17 April 2015 - 2:52AM
Business Wire
Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national
shareholder and consumer rights litigation firm, announces the
commencement of an investigation into ForceField Energy Inc.
(NASDAQ:FNRG) (“ForceField Energy”) related to potential violations
of federal securities laws. If you are a ForceField Energy
shareholder, you are encouraged to contact Scott+Scott for
additional information.
ForceField Energy (NASDAQ:FNRG) designs, distributes, and
licenses alternative energy products and technologies in China and
the United States. ForceField Energy is a distributor of light
emitting diode (“LED”) and other lighting products for a number of
premier LED lighting manufacturers.
On April 15, 2015, a Seeking Alpha article stated “ForceField
Energy is a stock promotion pure and simple” and that “[t]he
company has been engaging paid promoters to issue a series of
upbeat reports on its prospects which has successfully powered the
stock higher.”
In addition, the article states that ForceField Energy
“[m]anagement has a troubling history of involvement with
fraudulent companies, misleading investors and the ability to shift
money around in international locations such as Costa Rica, where
ForceField continues to maintain the bulk of its operations.”
On this news, the price of ForceField Energy shares dropped by
over 21% on April 15, and has continued to fall. It is currently
down over 38% from its close on April 14, 2015.
What You Can Do
If you are a ForceField Energy shareholder and you wish to
discuss this investigation, or have questions about this notice or
your legal rights, please contact attorney Joseph Halloran at (800)
404-7770 or (646) 582-0121 or at or jhalloran@scott-scott.com.
About Scott+Scott, Attorneys at Law, LLP
Scott+Scott has significant experience in prosecuting major
securities, antitrust, and employee retirement plan actions
throughout the United States. The firm represents pension funds,
foundations, individuals, and other entities worldwide.
Scott+Scott, Attorneys at Law, LLPJoseph V. Halloran,
(646) 582-0121jhalloran@scott-scott.com
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