Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing In China-Biotics, Inc. To Contact The Firm

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Jun 01, 2012, 07:20 ET

NEW YORK, June 1, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at China-Biotics, Inc. ("China-Biotics" or the "Company") (OTC: CHBT).

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO)

The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) China-Biotics had prepared a false sales contract; (2) the Company had published a false bank website; and (3) China-Biotics had issued false bank advice with the aim of showing that the Company had achieved a 50% growth in 2011 revenue.

Request more information now by clicking here: www.faruqilaw.com/CHBT

Take Action
If you purchased China-Biotic securities between February 9, 2011 and July 1, 2011 and would like to discuss your legal rights, visit www.faruqilaw.com/CHBT. You can also contact us by calling Juan Monteverde, Richard Gonnello or Francis McConville toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected], [email protected] or [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding China-Biotic's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential matter.

FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
[email protected]
Richard Gonnello, Esq.
[email protected]
Francis McConville, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

SOURCE Faruqi & Faruqi, LLP