WILMINGTON, Del., Dec. 28, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating Cellular Biomedicine Group, Inc. (“CBMG”) (NASDAQ GS: CBMG) regarding possible breaches of fiduciary duties and other violations of law related to CBMG’s agreement to be acquired by a consortium headed by Bizuo (Tony) Liu, CBMG’s Chief Executive Officer. Under the terms of the agreement, CBMG’s shareholders will receive $19.75 in cash per share.
To learn more about this investigation and your rights, visit: https://www.rl-legal.com/cases-cellular-biomedicine-group-inc.
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Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.
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