|[December 10, 2013]
Glancy Binkow & Goldberg Announces Lead Plaintiff Deadline In The Class Action Lawsuit Against FAB Universal Corporation
LOS ANGELES --(Business Wire)--
Binkow & Goldberg LLP announces that all purchasers of the
common stock, call options and sellers of put options of FAB
Universal Corporation ("FAB" or the "Company") (NYSE MKT:FU) between
June 12, 2012 and November 18, 2013, inclusive (the "Class Period"),
have until January 17, 2014, to file a motion to be appointed as lead
plaintiff in the shareholder lawsuit filed in the United States District
Court for the Southern District of New York.
A COPY OF THE COMPLAINT
IS AVAILABLE FROM THE COUT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE
CONTACT US AT (212) 682-5340, TOLL-FREE AT (888) 773-9224, OR AT SHAREHOLDERS@GLANCYLAW.COM
TO DISCUSS THIS MATTER. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR
MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
FAB engages in the distribution of digital entertainment products and
services worldwide. The Complaint alleges that throughout the Class
Period the defendants made false and/or misleading statements and failed
to disclose material adverse facts about the Company's business,
operations and financial performance. Specifically, the defendants
misrepresented or failed to disclose that:
The Company overstated the number of Intelligent Media Kiosks deployed
The Company's Kiosks were inundated with pirated digital media
A Company subsidiary issued RMB 100 million ($16.4 million) in bonds
to Chinese investors.
If you wish to learn more about this action, or if you have any
questions concerning this Notice or your rights or interests with
respect to these matters, please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to firstname.lastname@example.org,
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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