NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Cemtrex, Inc. (NASDAQ: CETX) resulting from allegations that Cemtrex may have issued materially misleading business information to the investing public.
On February 22, 2017, Seeking Alpha published an article on Cemtrex revealing that over $1 million has been paid to notorious stock promoters to promote Cemtrex, Cemtrex’s founder Aron Govil is secretly paying promoters behind imploded frauds like Forcefield Energy and Code Rebel via an undisclosed entity and insiders of Cemtrex have been heavily selling shares during the paid promotion without disclosing them. On this news, shares of Cemtrex fell sharply during intraday trading on February 22, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Cemtrex investors. If you purchased shares of Cemtrex on or before February 22, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1059.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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