NEW YORK--(BUSINESS WIRE)--Scott+Scott, Attorneys at Law, LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, announces the commencement of an investigation into ForceField Energy Inc. (NASDAQ:FNRG) (“ForceField Energy”) related to potential violations of federal securities laws. If you are a ForceField Energy shareholder, you are encouraged to contact Scott+Scott for additional information.
ForceField Energy (NASDAQ:FNRG) designs, distributes, and licenses alternative energy products and technologies in China and the United States. ForceField Energy is a distributor of light emitting diode (“LED”) and other lighting products for a number of premier LED lighting manufacturers.
On April 20, 2015, a Bloomberg article reported that Richard St-Julien (“St-Julien”), former chairman of ForceField Energy, “was arrested and had resigned as chairman. ” St-Julien “was charged with scheming to boost the company’s share price using secret payments to conspirators through a Belize-based firm.”
ForceField Energy stock was halted on April 20, 2015 and is currently down nearly 60% from its close on April 14, 2015.
What You Can Do
If you are a ForceField Energy shareholder and you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joseph Halloran at (800) 404-7770 or (646) 582-0121 or at or firstname.lastname@example.org.
About Scott+Scott, Attorneys at Law, LLP
Scott+Scott has significant experience in prosecuting major securities, antitrust, and employee retirement plan actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide.