NEW YORK, April 21, 2015 /PRNewswire/ -- Faruqi &
Faruqi, LLP, a leading national securities law firm, is
investigating potential wrongdoing at ForceField Energy Inc.
("ForceField" or the "Company") (NasdaqCM: FNRG).
The investigation focuses on allegations made by federal
prosecutors in Brooklyn, New York,
against Richard St. Julien ("St.
Julien"), the former chairman of ForceField, who has been charged
with conspiracy to commit securities fraud.
According to the criminal complaint, from approximately
August 2012 to April 2015, St. Julien conspired with others to
manipulate the price of ForceField stock through: (i) St. Julien's
use of nominees to purchase and sell the Company stock on his
behalf without disclosure thereof to investors and potential
investors; (ii) the use of orchestrated trading of ForceField stock
to create the appearance of genuine trading volume and interest in
the stock; and (iii) the use of stock promoters and broker dealers
who failed to disclose to potential investors that they were paid
to promote the purchase of ForceField stock.
The investigation seeks to determine whether St. Julien
manipulated the Company's stock price with the help of stock
promoters, broker dealers and a dermatologist in Boulder, Colorado who purchased shares on St.
Julien's behalf.
Request more information now by clicking here:
www.faruqilaw.com/FNRG. There is no cost or
obligation to you.
Take Action
If you currently own ForceField stock and would like to discuss
your legal rights, please visit www.faruqilaw.com/FNRG. You
can also contact us by calling Stuart
Guber toll free at (215) 277-5770 or by sending an e-mail to
sguber@faruqilaw.com. Faruqi & Faruqi, LLP also
encourages anyone with information regarding ForceField's conduct
to contact the firm, including whistleblowers, former employees,
shareholders and others.
Attorney Advertising. The law firm responsible for this
advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or
predict a similar outcome with respect to any future matter.
We welcome the opportunity to discuss your particular case.
All communications will be treated in a confidential manner.
FARUQI & FARUQI, LLP
101 Greenwood Avenue Suite 600
Jenkintown, PA 19046
Attn: Stuart Guber
sguber@faruqilaw.com
Telephone: (215) 277-5770
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