SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of E-Commerce China Dangdang, Inc. - DANG
NEW YORK, March 11, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of E-Commerce China Dangdang, Inc. ("Dangdang" or the "Company") (NYSE: DANG). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 237.
The investigation concerns whether Dangdang and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 11, 2015, the Company announced that it is rescheduling the release of its fourth quarter and fiscal year 2014 financial results and the earnings conference call due to a scheduling issue. The Company stated that it expects to reschedule the release of the financial results and the earnings call to occur later this month.
On this news, shares of Dangdang fell $0.74 per share to $8.14, or more than 8.33%, on March 11, 2015.
The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
[email protected]
SOURCE Pomerantz LLP
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