Shareholder Alert: Bronstein, Gewirtz & Grossman, LLC Notifies Investors of Class Action SouFun Holdings Limited and Lead Plaintiff Deadline
NEW YORK, Nov. 2, 2015 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a securities class action has been filed in the United States District Court for the Central District of California on behalf of those who purchased shares of SouFun Holdings Limited ("SouFun" or the "Company") (NYSE: SFUN), during the period between May 20, 2015 and October 27, 2015 inclusive. (the "Class Period").
The lawsuit alleges that Defendants issued materially false and misleading statements to investors and/or failed to disclose that: (1) SouFun employees routinely created "fake contracts"; (2) Defendants were aware that SouFun employees routinely created "fake contracts"; and (3) as a result, the Company's public statements were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the Complaint claims that investors suffered damages.
No Class has yet been certified in the above action. If you wish to review a copy of the Complaint, to discuss this action, or have any questions, please contact Peretz Bronstein, Esq. or his Investor Relations Coordinator Eitan Kimelman 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 and telephone number. If you suffered a loss in SouFun you have until December 29, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
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 Eitan Kimelman 212-697-6484
[email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC
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