Ambow Education Holding Ltd. announced that its Board of Directors designated Justin Chen as the chairman of the audit Committee of the company and the chairman of the special committee formed by the Board of Directors on July 3, 2012, with the assistance of Fenwick & West LLP, to conduct an internal investigation over allegations made by a former employee of the company of financial impropriety and wrongful conduct in connection with the company's acquisition of a training school in 2008. Justin Chen was appointed as a director of the company on March 18, 2013. Justin Chen is a counsel at PacGate Law Group.