Law Office of Charles L. Grotts, Counsel for Former CFO/CAO of Tongxin International, Ltd., Comments on Pending Lawsuits

INDUSTRY, Calif., Feb. 18, 2011 (GLOBE NEWSWIRE) -- On February 15, 2011, Tongxin International Ltd. (Pink Sheets:TXIC) dismissed its complaint in the United States District Court for the Central District of California against its former Chief Financial Officer and Chief Accounting Officer, Jackie Chang. TXIC and Jackie Chang will resolve their respective claims in arbitration in Michigan in accordance with Ms. Chang's employment contract.

For Subscribers

FOR SUBSCRIBERSCBP leaders cut out of Trump ad buy decision

FOR SUBSCRIBERSAmerican passenger drafted goodbye texts to her family as Flydubai plane plummeted

FOR SUBSCRIBERSCornell rape allegation pushes embattled New York prosecutor into national spotlight

FOR SUBSCRIBERSAbdul El-Sayed tries to woo MAHA voters as Democrats seek inroads with RFK’s supporters

FOR SUBSCRIBERSKratom-like substances are popping up in a typically benign supplement

FOR SUBSCRIBERSGOP super PAC increases its spending for Sen. Jon Husted in tough Ohio race

FOR SUBSCRIBERSRecords reveal tumultuous marriage between slain New York Times executive and wife

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

For Subscribers

FOR SUBSCRIBERSCBP leaders cut out of Trump ad buy decision

FOR SUBSCRIBERSAmerican passenger drafted goodbye texts to her family as Flydubai plane plummeted

FOR SUBSCRIBERSCornell rape allegation pushes embattled New York prosecutor into national spotlight

FOR SUBSCRIBERSAbdul El-Sayed tries to woo MAHA voters as Democrats seek inroads with RFK’s supporters

FOR SUBSCRIBERSKratom-like substances are popping up in a typically benign supplement

FOR SUBSCRIBERSGOP super PAC increases its spending for Sen. Jon Husted in tough Ohio race

FOR SUBSCRIBERSRecords reveal tumultuous marriage between slain New York Times executive and wife

FOR SUBSCRIBERSFrom clean energy warrior to ‘wall of shame,’ James Talarico reverses on a fossil fuel money pledge

FOR SUBSCRIBERSCongressional staff planned official trip with luxury stops in Italy and France weeks before election

FOR SUBSCRIBERSA harrowing ordeal aboard an Israel-bound plane

FOR SUBSCRIBERSOpenAI CEO Sam Altman to skip congressional hearing on rogue AI agents

FOR SUBSCRIBERSKey DOJ lawyers departed Trump ‘grand conspiracy’ probe amid pressure to produce, source says

FOR SUBSCRIBERSTrump’s new AI chatbot often links to a site launched under Clinton 26 years ago

FOR SUBSCRIBERSAt MAHA summit, industry CEOs the movement once vilified take the stage

FOR SUBSCRIBERSThis Paralympian has two goals: Win medals and give away $500,000 to her teammates

In class actions against TXIC and its fiduciaries, Ms. Chang and other individuals were named as defendants. On January 14, 2011, Ms. Chang was dismissed by Abraham, Fruchter & Twersky, LLP from their class action pending in the Eastern District of New York. On January 28, 2011, Ms. Chang was dismissed by The Rosen Law from their class action pending in the Central District of California. On January 31, 2011, Ms. Chang was dismissed by Saxena White and Glancy Binkow in their class action pending in the Central District of California. Also, the Briscoe Law Firm of Dallas, Texas, and Ryan & Maniskas LLP of Wayne, Pennsylvania, are investigating claims against TXIC. They have agreed not to name Ms. Chang as a defendant in any action they may file.

CONTACT: Law Office of Charles L. Grotts Charles L. Grotts TEL: (626) 810-0006 Email: charles-TXIC@charlesgrotts.com