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FNRG ForceField Energy Inc (CE)

0.000001
0.00 (0.00%)
24 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ForceField Energy Inc (CE) USOTC:FNRG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

FORCEFIELD SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Ex...

21/04/2015 3:00am

GlobeNewswire Inc.


ForceField Energy (CE) (USOTC:FNRG)
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Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 16, 2015 to file lead plaintiff applications in a securities class action lawsuit against ForceField Energy Inc. (Nasdaq:FNRG) if they purchased the Company’s securities between the expanded period of September 16, 2013 through April 15, 2015, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.

What You May Do

If you purchased shares of ForceField and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by June 16, 2015.

About the Lawsuit

ForceField and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. 

These false statements and omissions included, in part, that:  (ii) articles issued by independent authors touting ForceField were promoters ForceField paid; and (ii) ForceField’s management reviewed these articles before publication.

On April 15, 2015, Seeking Alpha published an article accusing ForceField of previously paying the now-shuttered stock promotion firm The DreamTeam Group to conduct a misleading campaign designed to boost ForceField’s stock price in which the Company paid DreamTeam to publish purportedly independent, positive reports on the Company.

On this news, the price of ForceField’s shares plummeted by over 21%.

About Kahn Swick & Foti, LLC

To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.

Contact:

Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
206 Covington St.
Madisonville, LA 70447

1 Year ForceField Energy (CE) Chart

1 Year ForceField Energy (CE) Chart

1 Month ForceField Energy (CE) Chart

1 Month ForceField Energy (CE) Chart

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