Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing In Tibet Pharmaceuticals Inc. To Contact The Firm
NEW YORK, June 1, 2012 /PRNewswire/ — Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Tibet Pharmaceuticals, Inc. (“Tibet Pharmaceuticals” or the “Company”) (OTC: TBET).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that Tibet Pharmaceuticals misrepresented and failed to disclose material internal control deficiencies, which rendered the Company’s registration statement and prospectus to be materially false and misleading. These problems ultimately caused NASDAQ to halt and delist the Company’s stock.
Request more information now by clicking here: www.faruqilaw.com/TBET
If you purchased Tibet Pharmaceutical securities after December 28, 2010 and would like to discuss your legal rights, visit www.faruqilaw.com/TBET. 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 firstname.lastname@example.org, email@example.com or firstname.lastname@example.org. Faruqi & Faruqi, LLP also encourages anyone with information regarding Tibet Pharmaceutical’s conduct to contact the firm, including whistleblowers, former employees, shareholders and others.
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FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Richard Gonnello, Esq.
Francis McConville, Esq.
Telephone: (877) 247-4292 or (212) 983-9330
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