NIV Nivs Intellimedia Technology Grp., Common Stock

The Rosen Law Firm, P.A. announces that it is investigating potential securities claims against NIVS IntelliMedia Technology Group, Inc. (AMEX: NIV) (“NIVS” or the “Company”) resulting from allegations that the Company may have engaged in accounting fraud rendering the Company’s financial statements issued to investors to be false and misleading.

On March 24, 2011 trading in the Company’s stock was inexplicably halted. On March 25, 2011 the Company filed an 8-K with the SEC revealing that the Company’s auditor MaloneBailey LLP (“MB”) had resigned in connection with “significant difficulties encountered during the 2010 audit.” MB “suspected accounting irregularities and fraud at NIVS…” As a result, the Company announced that its financial statements included in the Company’s annual report for the year ended December 31, 2009 and interim periods for the first three quarters of 2010 should not be relied upon by investors. MB also found that it could no longer rely upon the Company’s management representations.

The Rosen Law Firm is preparing a securities class action lawsuit on behalf of NIVS investors. If you purchased or acquired NIVS stock between March 24, 2010 and March 25, 2011 and would like to recover your losses, please visit the website at http://rosenlegal.com for more information. You may also contact Laurence Rosen, Esq., or Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at lrosen@rosenlegal.com or pkim@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.

Nivs Intellimedia Technology Grp., Common Stock (AMEX:NIV)
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