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The Rosen Law Firm Announces Investigation of Investor Securities Claims Against China Electric Motor, Inc. – CELM

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The Rosen Law Firm Announces Investigation of Investor Securities Claims Against China Electric Motor, Inc. – CELM Powered By Docstoc
					The Rosen Law Firm Announces Investigation of
Investor Securities Claims Against China Electric
Motor, Inc.– CELM
March 31, 2011 09:26 AM Eastern Daylight Time 

NEW YORK--(EON: Enhanced Online News)--The Rosen Law Firm, P.A. announces that it is investigating
potential securities claims against China Electric Motor, Inc. (NASDAQ: CELM) (“China Electric Motor” or the
“Company”) resulting from allegations that the may have Company issued materially false financial statements and
information to investors.

On March 31, 2011 the Company issued an announcement stating that it would be unable to timely issue its fiscal
year 2010 financial results because of “possible discrepancies concerning the Company’s banking statements that
were very recently identified by the Company’s auditors in the course of their audit of the consolidated financial
statements for the fiscal year ended December 31, 2010.” As a result, China Electric Motor stated it had begun an
internal investigation.

The Rosen Law Firm is preparing a securities class action lawsuit on behalf of China Electric Motor investors to
recover investment losses. If you purchased or acquired China Electric Motor securities at any time prior to March
31, 2011, please visit the website at http://rosenlegal.com for more information. You may also contact Phillip Kim,
Esq. or Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or jhorne@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.

Contacts
Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 797-4425
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
pkim@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com

				
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