Levi & Korsinsky is investigating China Integrated Energy, Inc. (Nasdaq: CBEH) to determine whether it has violated federal securities laws by issuing false and misleading statements.
New York, NY, March 22, 2011 — Levi & Korsinsky is investigating China Integrated Energy, Inc. (“China Integrated” or the “Company”) (Nasdaq: CBEH) to determine whether it has violated federal securities laws by issuing false and misleading statements. On March 16, 2011, Sinclair Upton Research issued a reported alleging that China Integrated concealed numerous “fraudulent acquisitions” between the Company’s directors and officers. Furthermore, the report alleges that the Company misrepresented its financial performance, including “fabricating its SEC financial statements.” In response to the news, on March 17, 2011 shares of China Integrated dropped over 24% to close at $3.77 per share.
If you own China Integrated stock and wish to obtain additional information about the investigation and your legal rights, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/china-integrated-energy-cbeh.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Broad Street – 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com
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Contact:
Joanna Chlebus
Levi & Korsinsky, LLP
30 Broad St, 15th Floor
New York, NY 10004
212-363-7500
[email protected]
