Robbins Umeda LLP Announces an Investigation of China MediaExpress Holdings, Inc.

Robbins Umeda LLP, a shareholder rights litigation firm, has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by certain officers and directors at China MediaExpress Holdings, Inc. (NASDAQ: CCME). China MediaExpress provides television advertising network on inter-city express buses in China. The company is headquartered in Fuzhou, the People's Republic of China.

Robbins Umeda LLP's investigation concerns whether China MediaExpress' officers and directors caused the company to issue materially false and misleading statements regarding the financial condition of the company. On February 3, 2011, Muddy Waters Research issued a report questioning the accuracy of the company's statements and the quality of its earnings. Specifically, the report noted that China MediaExpress overstated its revenue by five times. In addition, Muddy Waters claims that many of the vehicles in China MediaExpress' network do not play China MediaExpress content. On this news, the company lost more than half its value.

If you own stock in China MediaExpress and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at info@robbinsumeda.com.

Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action lawsuits. The law firm's skilled litigation teams include former federal prosecutors, former defense counsel from top multinational corporate law firms, and career shareholder rights attorneys. Robbins Umeda LLP has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to http://www.robbinsumeda.com.

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