- Contrary to FAB’s anti-piracy claims, the Company’s “Intelligent Media Kiosks” are stocked with “very obviously pirated U.S. movies.”
- FAB’s kiosk manufacturers acknowledged that they historically supplied to FAB only 1,600-1,700 kiosks – approximately 10% of the 16,820 units FAB claims to have deployed.
- FAB has only approximately 1000 kiosks in Beijing, compared to a purported 3,954 kiosks disclosed in its June 1, 2012, proxy statement.
Law Offices Of Howard G. Smith Announces Investigation On Behalf Of Investors Of FAB Universal Corporation
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts