Rosen Law Firm Reminds China Sky One Medical, Inc. Shareholders of Upcoming Class Action Deadline -- CSKI
NEW YORK, Apr 13, 2012 (GlobeNewswire via COMTEX) --
The Rosen Law Firm, P.A. reminds investors of the important April 24, 2012 lead plaintiff deadline in the class action lawsuit the firm filed on behalf of investors who purchased the securities of China Sky One Medical, Inc. ("China Sky One" or the "Company) (Pink Sheets:CSKI) securities between April 16, 2009 and February 14, 2012, inclusive (the "Class Period").
To join the China Sky One class action, visit the firm's website at http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at 866-767-3653; you may also email firstname.lastname@example.org for information on the class action.
The Complaint alleges that, in violation of the federal securities laws: (1) the Company improperly inflated earnings; (2) the Company's gross margins were inflated; (3) the Company lacked adequate internal and financial controls; and (4) as a result of the foregoing, the Company's statements were materially false and misleading at all relevant times.
The Complaint alleges that when this adverse information entered the market the price of China Sky One securities dropped, causing investor losses.
If you wish to serve as lead plaintiff, you must move the Court no later than April 24, 2012. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at email@example.com. You may also visit the firm's website at http://www.rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: The Rosen Law Firm PA PC
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Jon Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
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