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NHLD

Any concerns about NHLD's connection with this lawsuit?:

http://finance.yahoo.com/news/hagens-berman-notifies-investors-class-123000483.html

AN FRANCISCO, Oct. 29, 2014 (GLOBE NEWSWIRE) -- Hagens Berman Sobol Shapiro LLP, a national investor-rights law firm, alerts investors that a class action lawsuit has been filed against CBD Energy Limited (CBDE) ("CBDE" or "the Company") ---an Australian small cap company with principal offices in London and New York. The suit is pending in the U.S. District Court for the Eastern District of Texas and investors have until December 26, 2014 to move for lead plaintiff.

The complaint covers those investors who purchased shares of CBDE on the NASDAQ Capital Markets exchange pursuant to the June 13, 2014 stock offering. If your purchases fall in that time period of June 12, 2014 and October 24, 2014, you are encouraged to contact Hagens Berman Partner Reed Kathrein, who is leading the firm's investigation, by calling [phone], emailing [e-mail] or visiting http://hb-securities.com/investigations/CBDE.

According to the complaint, CBDE, its officers and directors, and its underwriters --- National Securities Corporation (a wholly owned subsidiary of National Holdings, Inc. (NHLD)) and Northland Securities, Inc.--- violated the securities laws when it issued 1,810,000 ordinary shares, at an offering price of $4.00 per share, without disclosing material facts in its Registration statement. On October 24, 2014, CBDE announced that its previously issued audited financial statements for the fiscal years 2012 and 2013 and interim financial statements for the six months ended December 31, 2013 cannot be relied upon by investors. On this news, the value of CBDE shares declined significantly from $1.92 per share to a low of $1.25 per share.