LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Cemtrex, Inc. (“Cemtrex” or the “Company”) (NASDAQ: CETX) investors concerning the Company and its officers’ possible violations of federal securities laws.
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.
If you purchased Cemtrex 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 firstname.lastname@example.org, or visit our website at 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.