China Integrated Energy, Inc. (fka CBEH)

[Ecomike]

Video is easy to fake, ask Hollywood. Are you going to sit and watch days of 24 hour video to verify this? How do you know the video is not fake? I looked at that video and it is, and admits it is, a time lapsed video, not the real, complete video, but time lapsed, meaning to me it is altered and they admit it is altered!

This same outfit went after CGA 6 months ago, with the same game, the stock fell but 6 months later is still trading and trading and trading at around $6/share? If that company was fraud as this same outfit claimed, why are they still trading and not out of business?

CGA closed at $6.90/share today.

Here is was their early attack on CGA:

http://seekingalpha.com/article/230668-china-green-agriculture-why-this-chinese-class-action-lawsuit-is-different-than-the-rest

I just found this from a comment in that link above:

On September 24, Brower Piven, A Professional Corporation announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of purchasers of the securities of China Green.

Who is Brower?

Brower was a former partner of Milberg LLP from 2005 to 2006. In June 2006, he left Milberg and hooked up with class-action attorney Charles Piven to form Brower Piven. Brower works in New York and Piven in Baltimore.

Who is Milberg LLP?

In May 2006 and September 2007 the plaintiffs' class action firm -- in an incarnation known as Milberg Weiss Bershad & Schulman, LLP -- and several of its partners were indicted on federal charges for an alleged decades-long conspiracy pursuant to which serial plaintiffs were paid kickbacks to file securities fraud suits against publicly-traded companies. Some heavy-weight former partners, including Mel Weiss and Bill Lerach, pleaded guilty and were imprisoned for their roles in the scheme, and the firm -- once dubbed the "meanest law firm" in America -- avoided prosecution by paying a $75 million fine and hiring a compliance monitor.

Another former Milberg partner, Paul D. Young, who worked on the firm's lawsuit against Tyco which settled for over $3 billion, was sued by New York City in November 2006 for alleged criminal nuisance involving the operation of El Mirage, a gay S&M sex club, out of the basement of a property he owned as reported by Roger Parloff for Fortune Magazine.


August 29, 2010

CO Attorney Gary Lozow Gets Public Censure For Role In Milberg Weiss Kickback Scheme

In Denver, CO "veteran criminal defense attorney Gary Lozow of Isaacson Rosenbaum has stipulated to a public censure issued by the disciplinary office of the Colorado Supreme Court for acting as an intermediary in law firm Milberg Weiss' plaintiff kickback scheme" as reported by Matt Masich for Law Week Colorado.

In May 2006 and September 2007 the plaintiffs' class action firm -- in an incarnation known as Milberg Weiss Bershad & Schulman, LLP -- and several of its partners were indicted on federal charges for an alleged decades-long conspiracy pursuant to which serial plaintiffs were paid kickbacks to file securities fraud suits against publicly-traded companies. Some heavy-weight former partners, including Mel Weiss and Bill Lerach, pleaded guilty and were imprisoned for their roles in the scheme, and the firm -- once dubbed the "meanest law firm" in America -- avoided prosecution by paying a $75 million fine and hiring a compliance monitor.

Speaking on the intregity of the remaining partners at the firm -- now practicing by the moniker Milberg LLP -- partner Ariana Tadler previously stated: "The lawyers that stayed were not implicated or involved in the indictment, and we are going to work just as aggressively as we always have to do the best for our clients." And yet notwithstanding their innocence the question still begged is whether some of those remaining partners had suspicions about the scheme prior to the indictment and what, if any, steps they took to address the problem. Indeed, Bill Lerach recently said that his conduct was an "industry practice." After all, what did everyone think was happening when the same individuals repeatedly were serving as plaintiffs in dozens of lawsuits? In 1995, Congress enacted the Private Securities Litigation Reform Act specifically for the purpose of curbing the abuses for which Milberg Weiss and several of its partners were indicted, and surely this legislation raised a red flag even among the innocents at the firm.

Milberg LLP has made the news a couple of times in recent weeks. U.S. District Judge Robert P. Patterson Jr. sanctioned the firm and its co-counsel pursuant to Rule 11 with a public reprimand after allegations from two "confidential sources" in a lawsuit against Sony Corporation subsequently were not supported by the witnesses' deposition testimony, and U.S. District Judge Richard M. Berman rebuked the firm in a ruling on its request for additional attorneys' fees in the securities fraud case In re Nortel Networks Corp. Securities Litigation because of, among other issues, improper staffing.

I smell a nest of rats!!! Short sharks and Rats.