A class action has been filed in the United States District Court for the Southern District of New York on behalf of investors who purchased the common stock of Advanced Battery Technologies, Inc. (NASDAQ: ABAT) during the period from March 16, 2009 through March 29, 2011 (the "Class Period"), seeking to recover investors' damages from violations of federal securities laws.

The Complaint alleges that the Company made a number of misrepresentations in its public filings with the Securities Exchange Commission and in its press releases. Namely, that: (1) the Company misrepresented certain of its distribution arrangements; (2) that Advanced Battery paid $1.5 million to acquire another company that appears to be fake because its location and existence could not be verified; (3) that Advanced Battery paid $20 million to purchase a company, but failed to disclose the related party nature of the transaction; and (4) the Company misrepresented that it owned a Company subsidiary when it did not, or the Company failed to disclose that the Company entered into a related party transaction with the Company's Chairman and CEO which resulted in the owner of that subsidiary being the Chairman and CEO, and not Advanced Battery.

On March 30, 2011 an analyst firm called Variant View Research issued a detailed report revealing the adverse information to the market. When these details of the Company's financial condition came to light on March 30, 2011, the price of Advanced Battery's stock fell over 40%, damaging investors.

If you are a current shareholder and purchased during the period March 16, 2009 through March 29, 2011 and would like to discuss your options of exercising your rights as a shareholder, please contact us.

Please submit the following information so we can determine if you qualify for the suit. If you don't know all the specific details, partial information is also acceptable.