Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating if
securities violations were committed by Medbox, Inc. (OTC Markets: MDBX)
by communicating erroneous information about the Company's operations
and financial results.
On February 18, 2014, Citron Research issued a report stating that
Medbox "has systematically and repeatedly committed FRAUD on their
financial statements, and the public statements they make about their
financials are laced with lies." Per the research report, Medbox has
deceived the public many times and also purported this practice during a
period they raised capital.
On this reported new, Medbox's stock dropped over 17% in mid day
trading today, February 18, 2014. Though Citron's evidence indicates
multiple securities violations, this investigation will focus on
Medbox's financial reporting and the potential deception presented to
shareholders and the public.
If you are a Medbox shareholder and are interested in learning more
about the investigation or your legal rights and remedies, please
contact lead analyst Jim Baker (email@example.com)
Johnson & Weaver, LLP is a nationally recognized shareholders' rights
law firm. The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.
Attorney advertising. Past results do not guarantee future outcomes.
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