Robbins Umeda LLP Announces an Investigation of China Sky One Medical, Inc.
17 Febbraio 2011 - 6:25PM
Business Wire
Robbins Umeda LLP, a shareholder rights litigation firm, has
commenced an investigation into possible breaches of fiduciary duty
and other violations of the law by certain officers and directors
at China Sky One Medical, Inc. (NASDAQ: CSKI). China Sky One
Medical, through its subsidiaries, develops, manufactures, markets,
and sells over-the-counter branded nutritional supplements, and
over-the-counter plant and herb-based pharmaceutical and medicinal
products primarily in the People's Republic of China. The company
is based in Harbin, the People's Republic of China.
Robbins Umeda LLP's investigation concerns the admission by
China Sky One Medical that its financial reports filed with the
State Administration for Industry and Commerce ("SAIC") in China
underreported the income of China Sky One Medical's China-based
subsidiaries. Our investigation also concerns whether the officers
and directors caused China Sky One Medical to file inconsistent
revenue reports with the SAIC and the Securities and Exchange
Commission in the United States. As a result, China Sky One Medical
may be penalized by the SAIC.
If you own stock in China Sky One Medical and would like more
information about your rights as a shareholder, please contact
attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at
info@robbinsumeda.com.
Robbins Umeda LLP represents individual and institutional
shareholders in derivative, direct, and class action lawsuits. The
law firm's skilled litigation teams include former federal
prosecutors, former defense counsel from top multinational
corporate law firms, and career shareholder rights attorneys.
Robbins Umeda LLP has helped its clients realize more than $1
billion of value for themselves and the companies in which they
have invested. For more information, please go to
http://www.robbinsumeda.com.
Press release link:
http://www.robbinsumeda.com/shareholders-rights-blog/china-sky-one-medical-inc/
Attorney Advertising. Past results do not guarantee a similar
outcome.
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