[May 24, 2016]

Glancy Prongay & Murray Commences Investigation on Behalf of Code Rebel Corp Investors

Glancy Prongay & Murray LLP ("GPM") announces an investigation on behalf of investors of Code Rebel Corp ("Code Rebel" or the "Company") (NASDAQ: CDRB) concerning the Company and its officers' possible violations of federal securities laws. GPM is preparing a lawsuit on behalf of injured investors.

On May 6, 2016, the Company acknowledged that the Securities and Exchange Commission (the "SEC (News - Alert)") suspended trading in the Company's securities, "because of questions regarding the accuracy of statements i its 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."

On this news, shares of Code Rebel fell sharply in value thereby damaging investors. And, on May 19, 2016 the Company filed for bankruptcy protection.

If you purchased Code Rebel securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160524006491/en/

[ Back To TMCnet.com's Homepage ]