Focus Media Holding Ltd.

 

The Rosen Law Firm Announces Investigation of Securities Claims

Against Focus Media Holding Ltd. (“FMCN”)


New York, N.Y., November 21, 2011.  The Rosen Law Firm, P.A. announces that it is investigating potential securities fraud claims against Focus Media Holding Ltd. (NasdaqGS: FMCN) (“FMCN” or the “Company”) resulting from allegations that the Company may have issued materially inaccurate financial statements to the investing public between June 30, 2009 and November 20, 2011. 

On November 21, 2011, analyst firm Muddy Waters, LLC ("Muddy Water") issued a report claiming that FMCN had inflated the size of its operations in the documents it filed with the SEC, and deliberately overpaid for acquisitions in order to disguise losses on investments, even though FMCN never actually acquired some of them. Muddy Water’s Report cited a number of sources, including Chinese regulatory filings, conversations with analysts and FMCN, and the results of its own on-the-ground due diligence.

Upon this news, FMCN’s share price fell tremendously, damaging investors.

The Rosen Law Firm is investigating a securities class action lawsuit on behalf of purchasers of FMCN American Depository Receipts traded on the Nasdaq Stock Exchange ("FMCN ADRs").  If you purchased FMCN ADRs between June 30, 2009 and November 20, 2011, please visit the website at http://rosenlegal.com for more information.  You may also contact Phillip Kim, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com. 如果您讲中文,请致电张律师 212-686-1060 ,或电邮 szhang@rosenlegal.com,咨询本案的具体信息。

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.

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Contact Information:

 

     Phillip Kim, 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
lrosen@rosenlegal.com
pkim@rosenlegal.com
  tbrown@rosenlegal.com
   jhorne@rosenlegal.com
    szhang@rosenlegal.com