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home / news releases / CBAT - CBAK SHAREHOLDER NOTICE


CBAT - CBAK SHAREHOLDER NOTICE

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CBAK To Contact Him Directly To Discuss Their Options

New York, New York--(Newsfile Corp. - February 7, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against CBAK Energy Technology, Inc. ("CBAK" or the "Company") (NASDAQ:CBAT).

If you suffered losses exceeding $50,000 investing in CBAK stock or options and would like to discuss your legal rights, or call Faruqi & Faruqi partner James Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). You may also click here for additional information: www.faruqilaw.com/CBAT.



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Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Delaware, Pennsylvania, California and Georgia.

On December 18, 2020, J Capital Research published a report titled "The Undead: CBAT Why China BAK Has Zero Value." The report stated that "CBAT has all the hallmarks of a Chinese fraud." Additionally, the report alleges that "CBAT claims to be an EV company. Actually, its bread and butter is AA size batteries for small appliances." Further, the report alleges that CBAK artificially inflated its balance sheet with dubious construction accounts.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/73828

Stock Information

Company Name: CBAK Energy Technology Inc.
Stock Symbol: CBAT
Market: NASDAQ
Website: cbak.com.cn

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