CELLULAR BIOMEDICINE GROUP, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout

Wilmington, Delaware, UNITED STATES

WILMINGTON, Del., Aug. 12, 2020 (GLOBE NEWSWIRE) -- Rigrodsky & Long, P.A. announces that it is investigating Cellular Biomedicine Group, Inc. (“CBMG”) (NASDAQ GS: CBMG) regarding possible breaches of fiduciary duties and other violations of law related to CBMG’s agreement to be acquired by a consortium headed by Bizuo (Tony) Liu, CBMG’s CEO.  Under the terms of the agreement, shareholders of CBMG will receive $19.75 in cash for each share of CBMG they own.

To learn more about this investigation and your rights, visit: https://www.rigrodskylong.com/cases-cellular-biomedicine-group-inc.

If you would like to discuss this investigation and your rights cost and obligation free, please contact Seth D. Rigrodsky or Gina M. Serra toll free at (888) 969-4242 or by e-mail at info@rl-legal.com

Rigrodsky & Long, P.A., with offices in Delaware and New York, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in securities fraud and corporate class actions nationwide.

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