IRVINE, CA / ACCESSWIRE / July 8, 2016 / Khang & Khang LLP (the "Firm") announces that a class action lawsuit has been filed against Code Rebel Corporation ("Code Rebel" or the "Company") (Nasdaq: CDRB). Investors who purchased or otherwise acquired shares between August 17, 2015 and May 5, 2016 inclusive (the "Class Period"), are encouraged to contact the Firm prior to the July 11, 2016 lead plaintiff motion deadline.
If you purchased shares of Code Rebel during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
According to the complaint, Code Rebel issued false and misleading statements and/or failed to disclose that: the Company's financial statements contained errors concerning its assets and financial condition; and as a result, Code Rebel's public statements were materially false and misleading. On May 6, 2016 the U.S. Securities and Exchange Commission issued an Order stating that there is a lack of accurate information about the Code Rebel securities due to the questionable accuracy of some its Form 10-Q statements in 2015. When this news was released, shares of the Company fell sharply.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
This press release may constitute Attorney Advertising in some jurisdictions.
Contacts
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com
SOURCE: Khang & Khang LLP
ReleaseID: 442137
