NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of ForceField Energy (NASDAQ:FNRG) resulting from allegations that ForceField Energy may have issued materially misleading business information to the investing public.
On April 15, 2015, Seeking Alpha published a report on ForceField Energy, which asserts that: (i) it was previously a client of the now defunct The Dream Team Group—a firm that received payment to write undisclosed articles; (ii) it has engaged paid promoters to issue a series of upbeat reports on its prospects; (iii) some of these reports made use of undisclosed promotions pretending to be independent authors; and (iv) its management has close ties to past fraudulent companies and activities. On this news, shares of ForceField Energy fell $1.66 per share or over 21% to close at $6.05 per share on April 15, 2015.
The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by ForceField Energy investors. If you purchased shares of ForceField Energy on or before April 15, 2015, please visit the firm’s website at http://rosenlegal.com/cases-576.html for more information. You may also contact Phillip Kim, Esq. or Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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