GPM Reminds Investors of the July 11 Deadline in the Class Action Lawsuit Against Code Rebel Corp
Investors with over $100,000 in losses are encouraged to contact Lesley Portnoy, Esquire to discuss their legal
rights.
Glancy Prongay & Murray LLP (“GPM”) reminds investors of the July 11, 2016 deadline to file a lead
plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased Code Rebel Corp (“Code
Rebel” or the “Company”) (NASDAQ: CDRB; OTC: CDRBQ) securities between August 17, 2015 and May 5, 2016, inclusive (the “Class Period”).
Code Rebel investors have until July 11, 2016 to file a lead plaintiff motion.
According to the lawsuit, defendants throughout the Class Period issued false and misleading statements to investors and/or
failed to disclose that: (1) Code Rebel’s financial statements contained errors concerning its assets and financial condition; and
(2) as a result of the foregoing, Code Rebel’s public statements were materially false and misleading and/or lacked a reasonable
basis at all relevant times.
On May 6, 2016, the Company acknowledged that the Securities and Exchange Commission (the “SEC”) suspended trading in the
Company’s securities, “because of questions regarding the accuracy of statements in its Forms 10-Q for the quarters ended June 30,
2015 and September 30, 2015, and the Form 10-K for the year ending December 31, 2015, concerning the company's assets and financial
condition.”
If you purchased Code Rebel shares, you may move the Court no later than July 11, 2016 to request appointment
as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or
take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy,
Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by
email to shareholders@glancylaw.com, or visit our website at
http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and
number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Glancy Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
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