SAN DIEGO--(BUSINESS WIRE)--Shareholder rights law firm Johnson & Weaver, LLP has commenced an investigation into whether certain officers and directors of FAB Universal Corporation (NYSE:FU) violated state or federal laws in reference to business operations and financial performance disclosures.

On November 14, 2013, Alfredlittle.com issued a report stating that FAB Universal’s business in China is a tiny fraction of what it claims in its SEC filings. And among other things the report asserts that the Company’s “Intelligent Media Kiosks” are stocked with pirated U.S. movies.

FAB Universal’s stock has dropped over 13% in mid day trading today, November 18, 2013. This investigation will determine whether shareholders were harmed by FAB Universal issuing materially misleading business information as Alfredlittle.com claims.

If you have information that could assist in this investigation, or if you are a FAB Universal shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or by phone at 619-230-0063, Ext.118.

Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.