Fleming to Help Olshan Client Cemtrex, Inc. Investigate Allegations of Short Selling and Fraud
Yahoo! Finance, Newsday and other media sources recently reported that Olshan litigation partner Thomas Fleming, who has nearly 30 years of experience in commercial litigation in the state and federal courts, will help Cemtrex, Inc., a thriving diversified technology company whose shares of common stock are traded on the Nasdaq Capital Market, investigate allegations of short selling of Cemtrex's stock and unscrupulous publishing of false and misleading information by said short sellers. Noting Olshan’s skill in handling such cases, Cemtrex's Chairman and Chief Executive Officer Saagar Govil confidently affirmed, “We have an obligation to our shareholders to take proactive measures to ensure that our shares are traded efficiently and with integrity. To that end, we have retained Olshan Frome Wolosky LLP. Thomas J. Fleming and the Olshan Frome team will provide us the best possible remedy against the short sellers we believe may have been manipulating our share price and manufacturing a false narrative about our company."