Securities litigation associate James Wilson encourages traders who’ve suffered losses in extra of $ 50,000 in CBAK to contact him immediately to debate their choices
NEW YORK, Jan. 15, 2021 (GLOBE NEWSWIRE) – Faruqi & Faruqi, LLP, a leading minority and certified national women-owned securities firm, is investigating possible claims against CBAK Energy Technology, Inc. (“CBAK” or the “Companies”) (NASDAQ : CBAT).
If you’ve suffered losses in excess of $ 50,000, you have invested in CBAK stocks or options To discuss your legal rights, click here: www.faruqilaw.com/CBAT or call the Faruqi & Faruqi partner James Wilson directly at the 877-247-4292 or 212-983-9330 (ext. 1310).
There are no costs or obligations for you.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th floor
New York, NY 10017
On December 18, 2020, J Capital Research published a report entitled “The Undead: CBAT Why China BAK Has No Value”. The report said, “CBAT has all the hallmarks of a Chinese fraud.” In addition, the report claims that “CBAT claims to be an EV company. In fact, their bread and butter are small appliance AA batteries.” The report also claims that the CBAK artificially inflated its balance sheet with dubious construction accounts.
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