Law Offices of Howard G. Smith Announces Investigation On Behalf of Investors of NIVS IntelliMedia Technology Group, Inc.
28 Março 2011 - 8:47PM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims on behalf of purchasers of the
securities of NIVS IntelliMedia Technology Group, Inc. (“NIVS” or
the “Company”) (NYSE Amex:NIV) between March 24, 2010 and March 25,
2011, concerning possible violations of federal securities laws.
The investigation focuses on allegations that certain statements
issued by the Company during that period regarding NIVS’ business,
operations and financial condition were false and misleading. NIVS
is an integrated consumer electronics company that designs,
manufactures, markets and sells intelligent audio and video
products and mobile phones in China, Greater Asia, Europe and North
America.
Specifically, the investigation pertains to the Company’s March
25, 2011, disclosure that on March 23, 2011, the Audit Committee of
the Board of the Directors approved the dismissal of NIVS’
independent auditor. Further, the Company indicated that on March
23, 2011, the Company’s former independent auditor had provided a
letter to the Audit Committee, advising that the independent
auditor had encountered issues and concerns that, in the
independent auditor’s view, required additional information and
procedures, including the initiation of an independent
investigation, in order to verify the accuracy of certain
transactions and balances recorded on the Company’s financial
statements and records.
If you purchased NIVS securities between March 24, 2010 and
March 25, 2011, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have
any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Howard G.
Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol
Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215)
638-4847, Toll Free at (888) 638-4847, or by email to
howardsmith@howardsmithlaw.com, or visit our website at
www.howardsmithlaw.com.
Nivs Intellimedia Technology Grp., Common Stock (AMEX:NIV)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Nivs Intellimedia Technology Grp., Common Stock (AMEX:NIV)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Nivs Intellimedia Technology Grp., Common Stock da American Stock Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Law Offices of Howard G. Smith