The Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of investors of root9B Technologies Inc. (OTC: RTNB) resulting from allegations that root9B Technologies may have issued materially misleading business information to the investing public.
On June 15, 2015, SeekingAlpha.com published a report on root9B Technologies asserting, among other things, that: (1) root9B Technologies is created by insiders with long history of penny-stock wipeouts and fraud allegations; (2) root9B Technologies’ claimed “cyber” business is minuscule and imploding and largely appears to be an old employee training program, which RTNB resells or other irrelevant, overhyped offerings; and (3) insiders enriched themselves with root9B Technologies through curious related-party transactions, abusive compensation and unloading their failing investments into the public shell at overvalued prices. On this news, shares of root9B Technologies fell sharply during intraday trading on June 15, 2015.
The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by root9B Technologies investors. If you purchased shares of root9B Technologies on or before June 15, 2015, please visit the firm’s website at http://rosenlegal.com/cases-636.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The
Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New
York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax:
(212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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