IMPORTANT INVESTOR NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against China Auto Logistics In...
27 Junio 2018 - 12:14PM
Business Wire
The Schall Law Firm, a national shareholder rights litigation
firm, announces the filing of a class action lawsuit against China
Auto Logistics Inc. (“China Auto Logistics” or “the Company”)
(NASDAQ: CALI) 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 March 28,
2017 and April 13, 2018, inclusive (the “Class Period”), are
encouraged to contact the firm before August 6, 2018.
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 throughout the class period.
China Auto Logistics failed to establish and maintain sufficient
internal controls over reporting certain types of relationships and
related transactions. Based on these inadequate controls, the
Company’s public statements were false and materially misleading
throughout the class period.
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/20180627006080/en/
The Schall Law FirmBrian Schall, Esq.Sherin Mahdavian,
Esq.www.schallfirm.com310-301-3335info@schallfirm.com
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