Goldfarb Branham LLP is investigating whether Advance Battery Technologies, Inc. (NASDAQ: ABAT) violated shareholder protection laws based on representations about distribution ownership and ownership of an important subsidiary. Concerned ABAT stockholders are encouraged to contact attorney Hamilton Lindley toll-free at 877-583-2855 or at hlindley@goldfarbbranham.com.

“ABAT is accused of omitting material facts about certain multimillion dollar transactions, in addition to disclosing fabricated distribution relationships and misrepresenting subsidiary ownership,” said securities lawyer Hamilton Lindley. “Following a March 30, 2011 report by Variant View Research, shares plummeted 40% to close at $2.09 per share. We want to ensure transparency, and guarantee that any wrongdoing is accounted for on behalf of the company’s shareholders.”

Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. ABAT’s investors – or anyone with knowledge about this issue – should contact lawyer Hamilton Lindley at hlindley@goldfarbbranham.com or 877-583-2855.

Copyright Business Wire 2010

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