LOS ANGELES, CA / ACCESSWIRE / June 5, 2017 / Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Wins Finance Holdings Inc. ("Wins Finance" or the "Company") (WINS) for possible violations of federal securities laws between October 29, 2015 and March 29, 2017, inclusive (the "Class Period"). Investors, who purchased or otherwise acquired shares during the Class Period, should contact the firm by the June 5, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at firstname.lastname@example.org.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may choose to do nothing and be an absent class member as well.
According to the Complaint, during the Class Period, Wins Finance issued materially false and misleading statements about its projected earnings, valuation, and future business operations, which artificially inflated its share prices. It is alleged, for example, that the Company falsely stated it maintained a U.S. headquarters in order to gain inclusion on the Russell indices, when its headquarters are actually located in China, among other market manipulations during the Class Period. Following this news, the stock price of Wins Finance lowered materially, which caused investors harm according to the Complaint.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding the rights of shareholders.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
SOURCE: Lundin Law PC