SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of China Telecom Corp. Ltd. (CHA)
NEW YORK, Dec. 28, 2015 /PRNewswire/ -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of China Telecom Corp. Ltd. ("China Telecom" or the "Company") (NYSE: CHA). Such investors are advised to contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz at [email protected] or 212-697-6484.
This investigation concerns whether China Telecom Corp. Ltd. and certain of its officers and/or directors have violated the Federal Securities Laws under the Securities Exchange Act of 1934 (the "Exchange Act").
On December 27, 2015, the ruling Communist Party, led by Chinese President Xi Jinping, announced the investigation of Chang Xiaobing, chair of China Telecom, for suspicions of corruption. As Beijing is expanding its anti-corruption campaign, the party's disciplinary arm, the Central Commission for Discipline Inspection announced that Xiaobing is suspected of having "severely violated disciplines."
Chang Xiaobing was chairman of China Unicom, China's second largest mobile operator, before being named as head of China Telecom in August 2015.
If you are aware of any facts relating to this investigation, or purchased shares of China Telecom Corp. Ltd., you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 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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