FARMINGDALE, NY – Cemtrex has retained legal services to help investigate allegations of manipulative short selling of its stock and malicious publishing of false and misleading information.

The EMS company has retained the law firm of Olshan Frome Wolosky to assist its investigation.

"We have an obligation to our shareholders to take proactive measures to ensure our shares are traded efficiently and with integrity," said Cemtrex's chairman and CEO Saagar Govil. "To that end, we have retained Olshan Frome Wolosky. Thomas J. Fleming and the Olshan Frome team will provide us the best possible remedy against the short sellers we believe may have been manipulating our share price and manufacturing a false narrative about our company."

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