Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing In China-Biotics, Inc. To Contact The Firm

NEW YORK, June 1, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at China-Biotics, Inc. ("China-Biotics" or the "Company") (OTC: CHBT).

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that:  (1) China-Biotics had prepared a false sales contract; (2) the Company had published a false bank website; and (3) China-Biotics had issued false bank advice with the aim of showing that the Company had achieved a 50% growth in 2011 revenue.

Request more information now by clicking here:  www.faruqilaw.com/CHBT

Take Action
If you purchased China-Biotic securities between February 9, 2011 and July 1, 2011 and would like to discuss your legal rights, visit www.faruqilaw.com/CHBT.  You can also contact us by calling Juan Monteverde, Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to jmonteverde@faruqilaw.com, rgonnello@faruqilaw.com or fmcconville@faruqilaw.com.  Faruqi & Faruqi, LLP also encourages anyone with information regarding China-Biotic's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We welcome the opportunity to discuss your particular case.  All communications will be treated in a confidential matter.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn:  Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Francis McConville, Esq.
fmcconville@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330

SOURCE Faruqi & Faruqi, LLP

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