Deadline in Lawsuit for Investors in 6D Global Technologies Inc (NASDAQ:SIXD) Shares Who Have Losses in Excess of $100,000 An...
03 November 2015 - 5:26PM
The Shareholders Foundation, Inc. announces that a lawsuit was
filed on behalf of certain purchasers of shares of 6D Global
Technologies Inc (NASDAQ:SIXD) over alleged Securities Laws
Violations by 6D Global Technologies Inc.
Investors who have losses in excess of $100,000 from their
investment between November 3, 2010 and September 10, 2015 in
shares of 6D Global Technologies Inc (NASDAQ:SIXD) have certain
options and should contact the Shareholders Foundation at
mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
Shareholders who have continuously held 6D Global Technologies
shares long-term are also encouraged to contact the Shareholders
Foundation.
The plaintiff claims that defendants issued certain materially
false and misleading statements to investors and/or failed to
disclose that 6D Global Technologies Inc had deficient internal
controls, that the lack of internal controls allowed Defendant
Benjamin Wey to exert influence and control over the Company, that
6D Global Technologies Inc was engaged in improper and undisclosed
material related party transactions, that the Defendants were
engaged in a scheme to manipulate the Company’s stock price, and
that as a result, the Company’s public statements were materially
false and misleading and/or lacked a reasonable basis at all
relevant times.
On September 8, 2015, the Department of Justice (“DOJ”) indicted
the CEO of New York Global Group, Benjamin Wey, on charges of
securities fraud, stock manipulation, money laundering, and wire
fraud. Then, two days later Benjamin Wey was arrested and the SEC
filed a civil action against him, New York Global Group, and
certain other defendants for their roles in an alleged fraudulent
scheme to obtain and profit from undisclosed, controlling ownership
interests in several U.S. companies spawned via “reverse Chinese
mergers,” including 6D Global Technologies, that were allegedly
secretly controlled by Benjamin Wey and New York Global Group.
Those who purchased 6D Global Technologies Inc (NASDAQ:SIXD)
shares have certain options and should contact the Shareholders
Foundation, Inc. by e-mail at mail@shareholdersfoundation.com or
call +1 (858) 779-1554.
The Shareholders Foundation, Inc. is a professional portfolio
legal monitoring and a settlement claim filing service, which does
research related to shareholder issues and informs investors of
securities class actions, settlements, judgments, and other legal
related news to the stock/financial market. The Shareholders
Foundation, Inc. is not a law firm. The information is provided as
a public service. It is not intended as legal advice and should not
be relied upon.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
6D Global Technologies (CE) (USOTC:SIXD)
Historical Stock Chart
Von Mai 2024 bis Jun 2024
6D Global Technologies (CE) (USOTC:SIXD)
Historical Stock Chart
Von Jun 2023 bis Jun 2024