FAB Universal Corp. Announces Notice of Noncompliance with NYSE MKT Listing Standards

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PITTSBURGH, PA. April 8, 2014 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment announced on April 7, 2014 that it had received notice from NYSE MKT LLC that, based upon a review of the Securities and Exchange Commission’s (the “SEC”) EDGAR database, that FAB Universal Corp. has yet to file it Form 10K for the year ended December 31, 2013. As such, FAB Universal Corp. (a) is not in compliance with Sections 134 and 1101 of the NYSE MKT Company Guide (the “Company Guide”). In addition, the Company’s failure to timely file this report is a material violation of its listing agreement with the Exchange and therefor, pursuant to Section 1003(d) of the Company Guide, the Exchange is authorized to suspend and, unless prompt corrective action is take, remove the Company’s securities from the Exchange. Read more

FAB Universal Board Announces Engagement of FTI Consulting by Loeb & Loeb to undertake Independent Investigation

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PITTSBURGH, PA. March 5, 2014 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, today announced that the international law firm, Loeb & Loeb LLP, engaged by the Company’s Board of Directors to investigate allegations made in published reports through November 19, 2013 by short-sellers of FAB’s common stock, has retained FTI Consulting, Inc. and FTI Investigations LLC (collectively “FTI”) to assist it. Read more

FAB Universal Responds to Allegations

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Board Authorizes Third Party Investigation to Verify its Finding

PITTSBURGH, PA. December 10, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, announced today the findings of the preliminary internal review undertaken at the direction of FAB’s Board of Directors in response to the allegations made in numerous published reports through November 19, 2013 by acknowledged short-sellers of FAB’s common stock. Read more

FAB Universal Reiterates Denial of Allegations

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Board Considering Appropriate Response

PITTSBURGH, PA. November 20, 2013 — FAB Universal (NYSE MKT:FU), a worldwide distributor of digital media and entertainment, repeated today its vehement denial of the recent allegations raised by short-sellers in their self-serving “reports” and reaffirmed its commitment to providing the Company’s shareholders with accurate information. FAB’s Board of Directors is working expeditiously to gather all the relevant information necessary to respond to these misleading and inaccurate reports in an appropriate manner and to report back to its shareholders as quickly as possible. Read more

FAB Universal to Respond to Misleading and Inaccurate Allegations from Alfred Little

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PITTSBURGH, PA. November 15, 2013 — FAB Universal (NYSE MKT: FU), (“FAB” or “Company”) a worldwide distributor of digital media and entertainment, today denied the misleading and inaccurate allegations made in a recent report published by Alfred Little. The Company announced that it would, as soon as possible, issue a public statement to refute these defamatory remarks and that it expected to be in a position to provide a response shortly. Read more

FAB Universal Reports Third Quarter 2013 EPS of $0.35 on Revenue of $29.8 Million

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Management Adjusts 2013 Guidance to Revenue of $102-$105 Million and Net Income to $19-$21 Million

PITTSBURGH, PA. November 13, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, today announced financial results for the third quarter ending September 30, 2013. Read more

FAB Universal Schedules Third Quarter 2013 Earnings Release and Conference Call

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PITTSBURGH, PA. November 5, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, announced today that it will report its third quarter 2013 financial results on Wednesday, November 13, 2013, before the open of the financial markets. Read more

FAB Universal Board of Directors Appoints Steve Sun as Chief Operating Officer

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PITTSBURGH, PA. November 1, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, today announced the appointment of Steve Sun as Chief Operating Officer, a new position at the company. Mr. Sun will be responsible for the management of FAB Universal’s day-to-day operations and will be based in Beijing. Read more

FAB Universal Comments on Unusual Trading Activity

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PITTSBURGH, PA. October 2, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, announced that the New York Stock Exchange has notified the Company about significant and unusual trading activity in FAB’s shares on October 1, 2013 and requested that the Company respond by press release to the unusual activity. Read more

FAB Universal Signs Distribution Agreement with Future TV Co., Ltd.

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PITTSBURGH, PA. September 24, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, has entered into an agreement with Future TV Co. Ltd. to distribute its copyright-protected media content through pay TV terminals used in the home by Future TV’s subscribers. Read more

FAB Universal Secures Music Distribution Rights From Top 3 Mobile Phone Service Providers in China

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PITTSBURGH, PA. September 17, 2013 — FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, today announced that it has signed agreements to distribute its copyright-protected digital music content through China Unicom, China Mobile and China Telecom, the top three providers of mobile phone services in China. Read more

FAB Universal to Present at SeeThruEquity Fall Investor Conference

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FAB Universal (NYSE MKT:FU), a worldwide distributor of digital media and entertainment, today announced that it is scheduled to present at the SeeThruEquity Fall Investor Conference on Thursday, September 12, 2013 at The Penn Club in New York City. Read more

FAB Universal Signs New Kiosk Advertising Agreement

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FAB Universal (NYSE MKT:FU), a worldwide distributor of digital media and entertainment, today announced that it has entered into a five year advertising agreement with China Xiangyu Cultural Development Co., Ltd. to provide advertising on the top screen of the FAB Intelligent Media Kiosk Network. The advertising revenue from this non-exclusive agreement is expected to be at least $2.5 million annually. Read more

FAB Universal Reports EPS of $0.28 on Revenue of $25.9 Million

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EPS of $0.42 for the First Six Months of 2013

Management Reaffirms 2013 Revenue and Net Income Guidance

FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, today announced financial results for the second quarter ending June 30, 2013. Read more

FAB Universal Schedules Second Quarter 2013 Earnings Release and Conference Call

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FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and entertainment, announced today that it will report its second quarter 2013 financial results on Wednesday, August 14, 2013, before the open of the financial markets. Read more

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