EQUITY ALERT: Rosen Law Firm Reminds FAB Universal Corporation Investors of the Important Class Action Deadline -- FU

NEW YORK, NY--(Marketwired - Nov 21, 2013) -  The Rosen Law Firm, P.A. reminds investors in FAB Universal Corporation ( NYSE : FU ) who purchased FAB Universal common stock and call options or sold put options from June 15, 2012 to November 18, 2013, of the important January 17, 2014, lead plaintiff deadline in the class action filed by the firm.

To join the FAB Universal class action, visit the firm's website at http://rosenlegal.com, or call Phillip Kim, Esq. or Kevin Chan, toll-free, at 866-767-3653; you may also email at pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. The lawsuit is pending in the U.S. District Court for the Southern District of New York.


The lawsuit claims that FAB Universal and certain of its officers and directors made materially false and misleading statements and/or failed to disclose that: (a) the Company overstated the number of Intelligent Media Kiosks ("Kiosks") deployed in China; (b) its Kiosks were inundated with pirated digital media entertainment, and (c) a Company subsidiary issued RMB 100 million ($16.4 million) in bonds to Chinese investors. When these adverse facts entered the market, the value of FAB Universal securities declined, damaging investors.

If you wish to serve as lead plaintiff, you must move the Court no later than January 17, 2014. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. You may also visit the firm's website at http://rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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