Federman & Sherwood Announces Filing of Securities Class Action Lawsuit Against Yangtze River Port and Logistics Limited
January 04 2019 - 5:24PM
Business Wire
Federman & Sherwood announces that on January 2, 2019, a
class action lawsuit was filed in the United States District Court
for the Eastern District of New York against Yangtze River Port and
Logistics Limited (NASDAQ: YRIV). The complaint alleges violations
of federal securities laws, Sections 10(b) and 20(a) of the
Securities Exchange Act of 1934 and Rule 10b-5, including
allegations of issuing a series of material or false
misrepresentations to the market which had the effect of
artificially inflating the market price during the Class Period,
which is February 2, 2016 through December 5, 2018.
Plaintiff seeks to recover damages on behalf of all Yangtze
River Port and Logistics Limited shareholders who purchased common
stock during the Class Period and are therefore a member of the
Class as described above. You may move the Court no later than
Monday, March 4, 2019 to serve as a lead plaintiff for the entire
Class. However, in order to do so, you must meet certain legal
requirements pursuant to the Private Securities Litigation Reform
Act of 1995.
If you wish to discuss this action, obtain further information
and participate in this or any other securities litigation, or
should you have any questions or concerns regarding this notice or
preservation of your rights, please contact:
Robin HesterFEDERMAN & SHERWOOD10205 North Pennsylvania
AvenueOklahoma City, OK 73120Email to: rkh@federmanlaw.comOr, visit
the firm’s website at www.federmanlaw.com
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version on businesswire.com: https://www.businesswire.com/news/home/20190104005517/en/
Robin HesterFEDERMAN &
SHERWOODrkh@federmanlaw.comwww.federmanlaw.com
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