NEW YORK--(EON: Enhanced Online News)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Wins Finance Holdings Inc. (NASDAQ: WINS) resulting from allegations that WINS may have issued materially misleading business information to the investing public.
On December 9, 2016, an analyst published a report calling into question WINS’s management’s past actions, and providing evidence suggesting that WINS may be the subject of paid stock promotions. In response, WINS’s stock price fell from $172.51 to $138.00, damaging investors. Then, on December 12, 2016, the same analyst reported that a site visit to WINS’s purported headquarters had revealed that WINS did not have offices there, suggesting that WINS may have misled investors about its business operations. On this news, shares of WINS fell $27.38 per share or over 19% to close at $110.62 per share on December 12, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by WINS investors. If you purchased shares of WINS, please visit the firm’s website at http://www.rosenlegal.com/cases-1010.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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