SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Agria Corporation (GRO)

NEW YORK, Nov. 7, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of American Depositary Shares ("ADSs") of Agria Corporation  ("Agria" or the "Company") (NYSE: GRO). Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at [email protected] or 212-697-6484.  

The investigation concerns whether Agria and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On November 4, 2016, Agria revealed that it received a letter ("Letter") from the New York Stock Exchange ("NYSE") stating that the NYSE was delisting its ADSs from the NYSE. Trading was suspended on November 3, 2016. 

According to the NYSE's Letter, the decision to delist Agria was based on the NYSE Regulation investigation, that exposed evidence that Agria (1) through a top executive and other intermediaries engaged in trading intended to artificially overstate Agria's stock price, including to improperly avoid having the company delisted for failing to comply with NYSE's continued listing standards requiring companies to maintain an average stock price of at least $1.000 per share over a consecutive thirty-day trading period; and (2) provided partial, misinforming, or false information in regards to its investigations.  The Letter also revealed an ongoing SEC investigation.

If you are aware of any facts relating to this investigation, or purchased Agria shares, you can assist this investigation by visiting the firm's site: http://www.bgandg.com/agr. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484 or via email [email protected].  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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