SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of 6D Global Technologies, Inc. – SIXD

NEW YORK, NY / ACCESSWIRE / October 15, 2015 / Pomerantz LLP is investigating claims on behalf of investors of 6D Global Technologies, Inc. (“6D Global” or the “Company”) (NASDAQ: SIXD). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether 6D Global and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On September 8, 2015, the United States Attorney for the Southern District of New York filed an indictment against Benjamin Wei, president of New York Global Group (NYGG) and a promotor of Chinese “reverse takeovers,” on charges including stock manipulation and fraud, concerning Wei’s manipulation of the share price and undisclosed ownership interests in 6D’s predecessor, CleanTech Innovations. On September 10, 2015, the SEC filed an action against, inter alia, Wei and NYGG, for their participation in a scheme to profit from undisclosed controlling ownership interests in several U.S. companies created by reverse mergers, including 6D Global, which were actually controlled by Wei and NYGG. As a result of the unsealing of the indictment and the filing of the SEC action, on September 10, 2015, NASDAQ halted trading of 6D Global securities, freezing the stock price at $2.90, down 3.33% from its previous closing price of $3.00 on September 9, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP

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