Published: September 03, 2010
Investor Notice: The Rosen Law Firm Announces Investigation of Shareholder Securities Claims Against China-Biotics --- CHBT
NEW YORK - (BUSINESS WIRE) - The Rosen Law Firm today announced that it has commenced an
investigation into allegations that China-Biotics, Inc. ("China-Biotics"
or the "Company" ) (Nasdaq: CHBT- News) may have violated the federal
securities laws by issuing false and misleading statements to investors
about its business and financial condition.
Recently, market commentators have published reports questioning the
truth of China-Biotics' disclosures about the nature, quality, and
number of the Company's retail outlets. Additionally, a recent report
calls into question the veracity of China Biotics' financial statements
filed with the SEC for the fiscal years ended 2007 and 2008; China
Biotics' financial statements filed with the SEC report much higher
revenue, income, and assets than the financial statements filed by China
Biotics' main operating subsidiary Shanghai Shining Biotechnology Co.,
Ltd. with the China State Administration for Industry and Commerce.
As a result of these allegations, the Rosen Law Firm is preparing a
class action lawsuit on behalf of investors who suffered losses
purchasing China-Biotics stock.
You may access the website at http://www.rosenlegal.com
to participate in the proposed class action.
If you purchased China-Biotics securities and would like further
information concerning your legal rights or your ability to recover your
investment losses, please contact Laurence Rosen, Esq. or Phillip Kim,
Esq. toll-free at 866-767-3653 or email lrosen@rosenlegal.com
or pkim@rosenlegal.com or visit
the website at www.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.

The Rosen Law Firm P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
212-686-1060
Weekends
Tel: 917-797-4425
Toll Free: 1-866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
Copyright © 2012, Business Wire, Inc., All rights reserved.
Copyright © 2012, NewsBlaze,
Daily News