The Rosen Law Firm today announced that it has commenced an
investigation into allegations that PCS Edventures!.com, Inc. ("PCS
Edventures” or the "Company”) (OTCBB: PCSV - News) violated the federal
securities laws by issuing false and misleading statements beginning in
March 28, 2007 about a purported $7 million contract with PCS Middle
East.
On August 15, 2007, the Company revealed that there was no such
agreement, nor was an agreement likely to exist in the near future. On
August 26, 2010 the SEC instituted an action against, PCS Edventures and
others for fabricating the existence, terms, and nature of the purported
agreement.
As a result of these allegations, the Rosen Law Firm is preparing a
class action lawsuit on behalf of investors who suffered losses
purchasing PCS Edventures securities during the period from March 28,
2007 through August 15, 2007.
You may access the website at http://www.rosenlegal.com
to participate in the proposed class action.
If you purchased PCS Edventures securities between March 28, 2007 and
August 15, 2007 and would like further information concerning your legal
rights or your ability to recover your investment losses, please contact
Laurence Rosen, Esq. or Phillip Kim, Esq. toll-free at 866-767-3653 or
email lrosen@rosenlegal.com
or pkim@rosenlegal.com or visit
the website at www.rosenlegal.com
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.
