The Shareholders Foundation announces that an investigation on behalf of investors of SOUND GLOBAL (OTCMKTS:SGXXF) shares was launched over potential securities laws violations by SOUND GLOBAL and certain of its directors and officers.
Investors who purchased shares of SOUND GLOBAL (OTCMKTS:SGXXF) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of SOUND GLOBAL (OTCMKTS:SGXXF) concerning whether a series of statements by SOUND GLOBAL regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On March 16, 2014, an article was published stating that Sound Global disclosed in a regulatory filing that the Company “may fail to file its 2014 annual report by the end of April, potentially contravening listing rules,” and that Sound Global stated it “needs more time to prepare information required for auditors.”
Shares of SOUND GLOBAL (OTCMKTS:SGXXF) closed on April 1, 2015 at $0.95 per share.
Those who purchased shares of SOUND GLOBAL (OTCMKTS:SGXXF) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com