NEW YORK, July 08, 2016 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit
has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Code Rebel Corporation
(NASDAQ:CDRB) securities between August 17, 2015 through May 5, 2016.
Click here to learn about the case: http://www.wongesq.com/pslra/code-rebel-corporation. There is no cost or obligation to
you.
The complaint alleges that, throughout the class period, defendants 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, trading of Code Rebel stock was suspended following an Order issued by the U.S. Securities and
Exchange Commission. According to the SEC, “there is a lack of accurate information concerning the securities of Code Rebel…because
of questions regarding the accuracy of statements in CDRB’s 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 suffered a loss in Code Rebel you have until July 11, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra/code-rebel-corporation.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving
financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com
