updated 4/21/2011 4:48:53 PM ET 2011-04-21T20:48:53

NEW YORK, April 21, 2011 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. today announced an update to the class action lawsuit the firm filed on behalf of purchasers of the common stock of China Integrated Energy, Inc. (Nasdaq:CBEH) from March 31, 2010 through March 16, 2011 (the "Class Period").

To join the China Integrated class action, visit the firm's website at http://www.rosenlegal.com , or call Phillip Kim, Esq. or Jonathan Horne, Esq., toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com or jhorne@rosenlegal.com for information on the class action.  

On April 20, 2011 the NASDAQ issued an announcement stating that trading in China Integrated Stock had been halted for "additional information requested from the Company." The last trade price was $1.84/share. According to the announcement, trading will be halted until China Integrated "has fully satisfied NASDAQ's request for additional information."

"Investors who purchased their shares during the Class Period and continue to hold those shares following the halt, are still eligible to participate in the class action," said Rosen attorney Phillip Kim. "While we cannot predict when the NASDAQ will lift the trading halt, we do not believe that the halt will impede the progress of the class action," Kim added.

If you wish to serve as lead plaintiff, you must move the Court no later than May 24, 2011.  A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, or to discuss your rights or interests regarding this class action, please contact Jonathan Horne, Esq. or Phil Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via e-mail at jhorne@rosenlegal.com or pkim@rosenlegal.com. You may also visit the firm's website at http://www.rosenlegal.com and review the Complaint filed by the firm.

No class has yet been certified in the above action. Until a class is certified, you are not represented by counsel unless you retain one. You may choose to do nothing at this point and remain an absent class member.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

CONTACT: Phil Kim, Esq.
         Jonathan Horne, Esq.
         The Rosen Law Firm P.A.
         275 Madison Avenue 34th Floor
         New York, New York 10016
         Tel:  (212) 686-1060
         Weekends Tel: (917) 797-4425
         Toll Free: 1-866-767-3653
         Fax: (212) 202-3827

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved


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