Focus Media (FMCN) Denies Muddy Waters' Allegations 'Entirely,' Says Claims Already Disclosed, to Recommend Third Party Investigation
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Coming from the Focus Media (Nasdaq: FMCN) conference call discussing Monday's Muddy Waters report:
- claims in the report have already been disclosed
- denies allegations "entirely"
- info in the report is misrepresented
- the LCD screen allegations are "unfounded"
- to recommend a third part investigates claims
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