NEW YORK, April 21, 2011 (GLOBE NEWSWIRE) -- The Rosen Law Firm, P.A. today announced an update in the securities class action filed on behalf of purchasers of China Education Alliance, Inc. ("China Education Alliance" or the "Company") (NYSE:CEU) stock during the period from March 31, 2009 to November 29, 2010 (the "Class Period").
Following the filing of the lawsuit in December 2010, the Court consolidated the related class action lawsuits, appointed Lead Plaintiffs and approved the Rosen Law Firm, P.A. as Lead Counsel.
As part of Lead Counsel's continuing investigation, the Rosen Law Firm encourages investors who purchased China Education securities directly from Rodman & Renshaw, LLC in connection with China Education's October 2009 public offering to contact the firm to discuss their legal rights and remedies available to them. You may call Laurence Rosen, Esq. or Phillip Kim, Esq., toll-free, at 866-767-3653; you may also email lrosen@rosenlegal.com or pkim@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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CONTACT: Laurence Rosen, Esq. Phillip Kim, 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 lrosen@rosenlegal.com pkim@rosenlegal.com www.rosenlegal.com