China Tower raises $6.9 bln in worlds largest IPO in two years -sources

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LOS ANGELES, CA / ACCESSWIRE / May 2, 2020 / The Schall Law Firm , a national shareholder rights litigation firm, announces the filing of a class action lawsuit against E-House (China) Holdings Limited (E-House or the Company) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Companys securities between April 15, 2016, and August 31, 2016, inclusive (the Class Period); or by way of, or as a result, of tendering their ADS as part of the Companys Merger, are encouraged to contact the firm before June 9, 2020. If you are a shareholder who suffered a loss, click here to participate . We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firms website at www.schallfirm.com , or by email at brian@schallfirm.com . The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. E-Houses merger was not fair and was not in the best interest of shareholders not affiliated with the Companys management and buying group. In fact, the Company already had plans for post-merger financial transactions. The projections offered in the Companys proxy materials were not based on the best information available. Based on these facts, the Companys public statements were false and materially misleading throughout the class period. When the market learned the truth about E-House, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Brian Schall, Esq., www.schallfirm.com Office: 310-301-3335 info@schallfirm.com SOURCE: The Schall Law Firm View source version on accesswire.com: https://www.accesswire.com/588091/INVESTOR-ACTION-ALERT-The-Schall-Law-Firm-Announces-the-Filing-of-a-Class-Action-Lawsuit-Against-E-House-China-Holdings-Limited-and-Encourages-Investors-with-Losses-in-Excess-of-100000-to-Contact-the-Firm View comments
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