An investigation for investors in NASDAQ:PME shares was announced over potential securities laws violations by Pingtan Marine Enterprise Ltd.
Investors who purchased shares of Pingtan Marine Enterprise Ltd (NASDAQ:PME), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm focuses on whether a series of statements by Pingtan Marine Enterprise Ltd regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On May 10, 2017, an analyst published a report during business hours asserting that Pingtan Marine Enterprise Ltd concealed its involvement in, among other things, forced labor, illegal fishing, and human trafficking schemes. Shares of Pingtan Marine Enterprise Ltd (NASDAQ:PME) dropped to $2.31 per share on May 10, 2017.
On May 31, 2017, NASDAQ:PME shares closed at $3.04 per share.
Those who purchased NASDAQ:PME shares have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com