Finkelstein Thompson Investigates Tongxin International, Ltd.
11 Janvier 2011 - 12:56AM
Business Wire
The law firm of Finkelstein Thompson LLP is investigating
potential shareholder claims against Tongxin International, Ltd.
(OTC: TXIC.PK).
Filed complaints allege Tongxin failed to accurately report its
financial results to the investing public, and that its top
executives conspired to divert the company’s corporate funds for
their own personal benefit. Those complaints also allege that the
revelation of these improper activities caused a dramatic collapse
in Tongxin’s share price, exposing shareholders to massive losses.
Indeed, since July 30, 2010, Tongxin stock has lost over half of
its value.
These actions, if true, could entitle Tongxin shareholders to
legal remedies. If you are interested in discussing your rights as
a Tongxin shareholder, or have information relating to this
investigation, please contact Finkelstein Thompson’s Washington, DC
offices at (877) 337-1050 or by email at
contact@finkelsteinthompson.com.
Finkelstein Thompson has spent over three decades delivering
outstanding representation to institutional and individual clients
in financial litigation, and has been appointed as lead or co-lead
counsel in dozens of shareholder class actions. Indeed, the firm
has served in leadership roles in cases that have recovered over $1
billion for investors and consumers.
To learn more about Finkelstein Thompson, please visit our web
site at www.finkelsteinthompson.com. Attorney advertising. Prior
results do not guarantee similar outcomes.
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