[June 03, 2015]

EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities Claims Against China Finance Online Co., Ltd. - JRJC

The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of China Finance Online Co., Ltd. (NASDAQ:JRJC) resulting from allegations that China Finance Online may have issued materially misleading business information to the investing public.

On June 3, 2015, GeoInvesting, LLC published a report on China Finance Online asserting, among other things, that: (1) the most current SAIC (News - Alert) records show the sudden resignation of Chairman and CEO Zhiwei Zhao from his positions at three key Chinese VIE subsidiaries of China Finance Online over the past few months; (2) Chinese media reports also indicate serious legal troubles for associates of Zhao, who himself is reportedly not allowed to leave China; and (3) Ling Wang, a former long-time China Finance Online director and associate of Zhao, fled Chin in 2014 and left his company indebted to China Finance Online for $25 million. On this news, shares of China Finance Online fell sharply during intraday trading on June 3, 2015.

The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by China Finance Online investors. If you purchased shares of China Finance Online on or before June 3, 2015, please visit the firm's website at http://rosenlegal.com/cases-628.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150603006466/en/

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