Securities Class Action Lawsuit Against 6D Global Technologies -- SIXD
December 16 2015 - 11:45AM
Gilman Law LLP announces that a class action lawsuit has been filed
against 6D Global Technologies, Inc. ("6D Global" or the "Company")
(NASDAQ:SIXD), its alleged controlling shareholder, Benjamin Wei,
and certain officers and directors of the Company.
The Complaint was brought on behalf of a class
of shareholders of 6D Global or its predecessor, CleanTech
Innovations, Inc. (NASDAQ:CTEK), and alleges that the named
Defendants issued materially false and misleading statements to
investors and/or failed to disclose that: (1) the Company had
deficient internal controls that allowed Benjamin Wei to exert
improper influence and control over the Company, (2) the Company
was engaged in improper and undisclosed material related party
transactions, and (3) Defendants were engaged in a scheme to
manipulate the Company's stock price.
On September 8, 2015, the Department of Justice
indicted Wei, the founder of New York Global Group, for securities
fraud. On September 10, 2015, the Securities and Exchange
Commission filed a civil action against Wei and New York Global
Group for their roles in the alleged fraudulent scheme to obtain
and profit from undisclosed, controlling ownership interests in
several U.S. companies, including 6D Global.
Following these events, NASDAQ halted trading in
6D Global on September 10, 2015.
If you are an investor who purchased or acquired
and still owns 6D Global common stock and suffered a loss then
please contact Gilman Law LLP today, at
1-888-252-0048 or
http://www.investment-losses.com, to ensure your legal rights are
not forfeited.
About Gilman Law LLP
Gilman Law LLP, a leading financial law firm,
has been recognized for delivering successful results to their
clients across a broad range of claims stemming from securities
class actions and derivative actions. For over 35 years, the
Gilman Law LLP team of highly experienced lawyers has earned renown
for tireless work on behalf of their clients on many of today's
most challenging and important legal issues.
Contact: Kenneth G. Gilman
kgilman@gilmanlawllp.com
1-888-252-0048
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