NEW YORK, July 14, 2017 /PRNewswire/ -- Juan
Monteverde, founder and managing partner at Monteverde &
Associates PC, a boutique securities firm headquartered at the
Empire State Building in New York
City announces it is investigating ZTO Express (Cayman) Inc.
(NYSE:ZTO)("ZTO" or the "Company") for possible violations of
federal securities laws.
The investigation is based on whether ZTO and its executives
violated federal securities law by misleading investors by making
false and/or misleading statements regarding the Company's
business, operational and compliance policies.
On October 27, 2016, ZTO raised
$1.4 billion by conducting a public
offering (the "Offering") of 72,100,000 American Depository Shares
("ADSs") at $19.50 per share. ZTO's
registration statement and prospectus filed with the U.S.
Securities and Exchange Commission in support of the Offering
portrayed a positive picture of its business, performance,
prospects, and acreage. ZTO also emphasized its strong operating
leverage, superior profitability, and rapid growth. The
investigation concerns whether ZTO was falsely manipulating its
stated profit margins above industry norms by keeping low-margin
segments of its business out of its financial statements. Since the
Offering, ZTO's ADS price has dropped about 25%.
Mr. Monteverde would like to personally discuss with you how
to potentially recover your monetary losses.
Click here for more information:
http://monteverdelaw.com/securities/. It is free and
there is no cost or obligation to you.
Monteverde & Associates PC is a boutique class action
securities and consumer litigation law firm committed that has
recovered millions of dollars and is committed to protecting
shareholders and consumers from corporate wrongdoing.
Monteverde & Associates PC lawyers have significant experience
litigating Mergers & Acquisitions and Securities Class Actions,
whereby they protect investors by recovering money and remedying
corporate misconduct.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC.
Prior results do not guarantee a similar outcome with respect to
any future matter.
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