Source: JBI, Inc.
Date: January 04, 2012 17:08 ET
THOROLD, Ontario, Jan. 4, 2012 (GLOBE NEWSWIRE) -- JBI, Inc. (the "Company") (OTCQX:JBII) is profoundly disappointed by the erroneous allegations of fraud contained in the civil lawsuit filed by the Securities Exchange Commission ("SEC") earlier today. The Company regrets that its attempts to negotiate settlement of this dispute failed, and, in consultation with its litigation counsel and Board of Directors, looks forward to vigorously defending itself in court, where the Company believes it will prevail on the merits
Maybe you should let the company know that it has not been sued