Shareholder Alert: Robbins LLP Reminds Investors It is Investigating Wanda Sports Group Co. Ltd. (WSG)
November 06 2019 - 8:40PM
Business Wire
Shareholder rights law firm Robbins LLP is investigating Wanda
Sports Group Co. Ltd. (NASDAQ: WSG) for potential violations of
federal securities laws pursuant to its July 2019 initial public
offering ("IPO"). Wanda Sports Group completed its IPO on July 26,
2019, offering 23.8 million American Depositary Shares ("ADSs") at
$8.00 per ADS and raising more than $190 million in net proceeds.
Since its IPO, Wanda Sports Group's CEO resigned and the Company
reported poor financial results for second quarter of 2019,
including a 30% year-over-year decrease in total revenue. Wanda
Sports Group's ADSs currently trade at around $3.50, representing a
56% decline from its IPO price. Wanda Sports Group operates as a
sports events, media, and marketing platform worldwide.
If you suffered a loss as a result of Wanda Sports Group's
misconduct, click here.
Wanda Sports Group Co. Ltd. (WSG) Shareholders Have Legal
Options
Contact us to learn more: Leo Kandinov (800) 350-6003
LKandinov@robbinsllp.com Shareholder Information Form
Robbins LLP is a nationally recognized leader in shareholder
rights law. The firm represents individual and institutional
investors in shareholder derivative and securities class action
lawsuits, and has helped its clients realize more than $1 billion
of value for themselves and the companies in which they have
invested. Click here to receive free alerts from Stock Watch when
companies engage in wrongdoing.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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version on businesswire.com: https://www.businesswire.com/news/home/20191106006165/en/
Leo Kandinov Robbins LLP 5040 Shoreham Place San Diego, CA 92122
LKandinov@robbinsllp.com (619) 525-3990 or Toll Free (800) 350-6003
www.robbinsllp.com
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