A settlement was reached with the defendants in the lawsuit filed on behalf of certain investors of China Integrated Energy Inc (NASDAQ:CBEH) over alleged securities laws violations and a deadline to submit the settlement claim is upcoming on June 1, 2016 and NASDAQ:CBEH investors should contact the Shareholders Foundation.
San Diego, CA -- (SBWIRE) -- 05/19/2016 -- The Shareholders Foundation announced that a deadline is coming up on June 1, 2016 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of China Integrated Energy Inc (NASDAQ:CBEH) between March 31, 2010 and April 21, 2011.
Investors who purchased a significant amount of shares of China Integrated Energy Inc (NASDAQ:CBEH) between March 31, 2010 and April 21, 2011, have certain options and should contact the Shareholders Foundation by email at mail@shareholdersfoundation.com or call 858-779-1554.
The settlement proof of claim form or detailed settlement notice for the settlement in the China Integrated Energy Inc (NASDAQ:CBEH) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/china-integrated-energy-inc-nasdaq-cbeh-investor-securities-class-action-lawsuit-03252011
In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is June 1, 2016. The class action administrator for this case is Angeion Group.
The lawsuit was originally filed in the U.S. District Court for the Central District of California against China Integrated Energy over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between March 31, 2010 and March 16, 2011. According to the complaint the plaintiff alleges that China Integrated Energy Inc (NASDAQ:CBEH) violated the Securities Exchange Act of 1934 by issuing between March 31, 2010 and March 16, 2011 materially false and misleading financial statements to investors because it concealed related-party transactions.
Those who purchased shares of China Integrated Energy Inc have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com