The Rosen Law Firm, P.A. announces that it is investigating potential securities fraud claims against Tri-Tech Holding Inc. (Nasdaq:TRIT) resulting from allegations that the Company may have issued materially misleading business information to the investing public.
On September 18, 2013, Tri-Tech announced that Gavin Cheng was being replaced as the Company’s Chief Executive Officer, but would remain a member of its Board of Directors. On December 12, 2013, Tri-Tech disclosed that Mr. Cheng was in fact terminated by unanimous consent of the Board on September 17, 2013 due to his violations of the Company’s internal policies and procedures regarding wire transfers. On this news, shares of Tri-Tech fell $0.17 per share or approximately 11%, during intraday trading on December 13, 2013 before its trading was halted by NASDAQ for “additional information requested” from the Company.
The Rosen Law Firm is preparing a class action lawsuit as a result of this adverse information. If you purchased Tri-Tech securities, you may visit the website at http://rosenlegal.com to join the action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.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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