April 19, 2011 Comments (0) Blog, Securities Fraud

Recovery of China Century Dragon, NIVS IntelliMedia, China Electric, and China Intelligent Lighting Investment Losses

Have you suffered investment losses in any of the following companies?

(1)    China Century Dragon Media, Inc. (CDM)

(2)   NIVS IntelliMedia Technology Group, Inc. (NIV)

(3)   China Electric Motor, Inc. (CELM)

(4)   China Intelligent Lighting (CIL)

The White Law Group may be able to help.

The White Law Group is investigating potential securities fraud claims on behalf of investors involving various broker-dealers’ recommendation that investors purchase these risky investments.

Although it appears that class actions may be filed against each of these companies relating to misrepresentations made in the offering documents of these companies, investors best bet may be to seek recovery from the brokerage firm that recommended the investment.  Brokerage firms have a fiduciary duty to research investments before offering them for sale to its clients.  In the case of China Century Dragon Media, NIVS IntelliMedia, China Electric Motor, and China Intelligent Lighting, it appears that brokerage firms failed to perform the necessary due diligence and invested its clients in inappropriate, fraudulent and extremely risky investments.

In some instances, it also appears that the brokerage firms that were pushing these investments also did the underwriting (raising a conflict of interest for these firms in marketing and selling these products).

To determine whether you may be able to recover investment losses incurred as a result of your purchase of China Century Dragon Media, NIVS IntelliMedia, China Electric Motor, and China Intelligent Lighting, please contact The White Law Group at 312-238-9650.

The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Raton, Florida.

For more information on The White Law Group, please visit our website at https://www.whitesecuritieslaw.com.

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