IMPORTANT INVESTOR REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Yangtze River Port & ...
January 09 2019 - 1:47PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against
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 Exchange Commission.
Investors who purchased the Company's shares between February 2,
2016 and December 5, 2018, inclusive (the ''Class Period''), are
encouraged to contact the firm before March 04, 2019.
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 brian@schallfirm.com.
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.
According to the Complaint, the Company made false and
misleading statements to the market. Yangtze River’s supposed lease
of the Company’s primary asset, the Wuhan Yangtze River Newport
Logistics Center, was a complete fabrication. Yangtze River’s only
operating subsidiary, Wuhan Yangtze River Newport Logistics Co.,
Ltd., faced multiple judgments against it in China and was declared
insolvent. Based on these facts, the Company’s public statements
were false and materially misleading throughout the class period.
When the market learned the truth about Yangtze River, investors
suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and
specializes in securities class action lawsuits and shareholder
rights litigation.
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/20190109005763/en/
The Schall Law FirmBrian Schall, Esq.,Sherin Mahdavian,
Esq.,www.schallfirm.comOffice: 310-301-3335Cell:
424-303-1964info@schallfirm.com
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