Yangtze River Port and L... (NASDAQ:YRIV)
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1 Year : From Nov 2018 to Nov 2019
Schall Law Firm, a national shareholder rights litigation firm,
announces that it is investigating claims on behalf of investors of
Yangtze River Port and Logistics Limited. (“Yangtze River” or “the
Company”) (NASDAQ: YRIV)
for violations of §§10(b) and 20(a) of the Securities Exchange Act of
1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and
The investigation focuses on whether the Company issued false and/or
misleading statements and/or failed to disclose information pertinent to
investors. Hindenburg Research published a report on December 6, 2018,
on the subject of Yangtze River. According to the report, the Company is
run as a “a scheme run by its Chairman & controlling shareholder to
siphon money away from U.S. public markets.” Hindenburg Research
determined through interviews and government documents “that at least
77% of the company’s reported assets are fabricated.” Based on this
news, shares of Yangtze River fell more than 14% on the same day.
If you are a shareholder who suffered a loss, click
here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of
the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA
90067, at 424-303-1964, to discuss your rights free of charge. You can
also reach us through the firm's website at www.schallfirm.com,
or by email at firstname.lastname@example.org.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder rights
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and rules of ethics.
View source version on businesswire.com: https://www.businesswire.com/news/home/20181226005095/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian, Esq.310-301-3335Cell: