SOURCE: Saxena White P.A.

December 02, 2011 17:29 ET

Saxena White P.A. Represents Investors in Securities Fraud Class Action Against China-Biotics, Inc.

Purchasers of Stock on the Secondary Offering Dated September 29, 2009 Are Urged to Contact Saxena White Immediately

BOCA RATON, FL--(Marketwire - Dec 2, 2011) - Saxena White P.A. is representing all shareholders in a securities class action filed in the U.S. District Court for the Southern District of New York on behalf of investors who purchased the securities of China-Biotics, Inc. ("China-Biotics" or the "Company") (NASDAQ: CHBT) during the period between July 10, 2008 and August 30, 2010, inclusive (the "Class Period"). Saxena White urges all investors who purchased shares on the Secondary Offering dated September 29, 2009 at $15.00 per share to contact Greg Stone at (561) 394-3399, extension 16; or email to gstone@saxenawhite.com, as soon as possible.

Saxena White P.A., which has offices in Boca Raton and Boston, specializes in prosecuting securities fraud and complex class actions on behalf of institutions and individuals. Currently serving as lead counsel in numerous securities fraud class actions nationwide, the firm has recovered hundreds of millions of dollars on behalf of injured investors and is active in major litigation pending in federal and state courts throughout the United States.

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