SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Wins Finance Holdings Inc. (WINS)
NEW YORK, Dec. 13, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wins Finance Holdings Inc. ("Wins" or the "Company") (NASDAQ: WINS). Such investors are advised to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/wins.
The investigation concerns whether Wins and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On December 9, 2016, a report was published questioning WINS's management's past actions and gave supporting evidence suggesting that WINS may be the subject of paid stock promotions. Following this news, WINS stock dropped from $172.51 per share to $138.00.
Then on December 12, 2016, the same analyst who published the first report released another report following a site visit to the Wins headquarters, that revealed that Wins did not have offices in that location, and therefore may have misled investors about its business operations. Following this news, Wins stock dropped $27.38 per share or over 19% to close at $110.62 on December 12, 2016.
If you are aware of any facts relating to this investigation, or purchased Wins shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/wins. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
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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