NEW YORK, May 10, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Code Rebel Corporation ("Code Rebel" or the "Company") (NASDAQ: CDRB), concerning whether the board has breached its fiduciary duties to shareholders.
On May 6, 2016, the Securities and Exchange Commission ordered a suspension of trading in Code Rebel stock due to "a lack of accurate information concerning the securities of Code Rebel" because of questions regarding the accuracy of statements in the Company's financial statements. Trading in the stock is suspended until May 20, 2016.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Code Rebel shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP