SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Code Rebel Corp. of a Class Action Lawsuit & a Lead Plaintif...
June 15 2016 - 8:49AM
Business Wire
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired securities of Code Rebel Corporation (“Code Rebel”
or the “Company”) (NASDAQ:CDRB) between August 17, 2015 and May 5, 2016.
You are hereby notified that a securities class action
has commenced in the USDC for the Southern District of New York. To
get more information go to:
http://www.zlk.com/pslra/code-rebel-corporation.
The complaint alleges that, throughout the class period,
defendants issued false and misleading statements to investors
and/or failed to disclose that: (1) Code Rebel’s financial
statements contained errors concerning its assets and financial
condition; and (2) as a result of the foregoing, Code Rebel’s
public statements were materially false and misleading and/or
lacked a reasonable basis at all relevant times.
On May 6, 2016, trading of Code Rebel stock was suspended
following an Order issued by the U.S. Securities and Exchange
Commission. According to the SEC, “there is a lack of accurate
information concerning the securities of Code Rebel…because of
questions regarding the accuracy of statements in CDRB’s Forms 10-Q
for the quarters ended June 30, 2015 and September 30, 2015, and
the Form 10-K for the year ending December 31, 2015, concerning the
company’s assets and financial condition.”
If you suffered a loss in Code Rebel you have until
July 11, 2016 to request that the
Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/code-rebel-corporation.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive experience representing investors
in securities litigation involving financial fraud, and have
recovered hundreds of millions of dollars for aggrieved
shareholders. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT:Levi & Korsinsky, LLPJoseph E. Levi, Esq.30 Broad
Street - 24th FloorNew York, NY 10004Tel: (212) 363-7500Toll Free:
(877) 363-5972Fax: (212) 363-7171www.zlk.com
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version on businesswire.com: http://www.businesswire.com/news/home/20160615005878/en/
Levi & Korsinsky, LLPJoseph E. Levi, Esq.(212) 363-7500,
toll-free: (877) 363-5972jlevi@zlk.com
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