FAB Universal Board Announces Engagement of FTI Consulting by Loeb & Loeb to undertake Independent Investigation
PITTSBURGH, PA. March 5, 2014 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, today announced that the international law firm, Loeb & Loeb LLP, engaged by the Company’s Board of Directors to investigate allegations made in published reports through November 19, 2013 by short-sellers of FAB’s common stock, has.Read more