Jiangbo Pharmaceuticals, Inc. faces Investor Investigation

June 20, 2011 - PRLog -- After the trading for shares of Jiangbo Pharmaceuticals, Inc.  was halted an investigation on behalf of investors of Jiangbo Pharmaceuticals (JGBO) over potential violations of Federal Securities Laws by Jiangbo Pharmaceuticals, Inc. was announced.

If you purchased shares of Jiangbo Pharmaceuticals, Inc. , and/or if you have any information relating the investigation, you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on potential securities claims against Jiangbo Pharmaceuticals, Inc resulting from allegations that the company may have issued materially misleading statements and business information to the investing public.

Jiangbo Pharmaceuticals reported substantial increase in its 12months Revenue and Net Income. Jiangbo Pharmaceuticals, Inc. reported an increase from $3.04million to $97.44million within the past four 12months filing periods. It reported an increase in its Net Income over the same time frame from a $5.82million Net Loss to a $29.85million Net Income.

Shares of Jiangbo Pharmaceuticals, Inc. (Public, NASDAQ- JGBO) traded as high as $10.49 in August 2010 and fell to $3.08 per share on May 31, 2011 when the The NASDAQ Stock Market  announced that trading was halted in Jiangbo Pharmaceuticals, Inc.  for "additional information requested" from the company.

Those who purchased shares of Jiangbo Pharmaceuticals, Inc. (Public, NASDAQ- JGBO), and/or those who  have any information relating the investigation, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

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The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group. We do research related to shareholder issues and inform investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. At Shareholders Foundation, Inc. we are in contact with a large number of shareholders. We believe that together we can combine the interests of many investors, and use the size of our interest as leverage against the giant corporations. We offer help, support, and assistance for every shareholder. We help investors find answers to their questions and equitable solutions to their problems. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.