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SHAREHOLDER NOTICE: Khang & Khang LLP Announces Securities Class Action Lawsuit against Fenix Parts, Inc. and Encourages Investors with Losses to Contact the Firm

IRVINE, CA / ACCESSWIRE / March 8, 2017 / Khang & Khang LLP (the "Firm") announces the filing of a class action lawsuit against Fenix Parts, Inc. ("Fenix" or the "Company") (NASDAQ: FENX) concerning possible violations of federal securities laws. Investors, who purchased or otherwise acquired Fenix shares between May 14, 2015 and October 12, 2016 inclusive (the "Class Period"), are encouraged to contact the firm in advance of the March 13, 2017 lead plaintiff motion deadline.

If you purchased shares of Fenix during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or via e-mail at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

According to the Complaint, during the Class Period, Fenix issued false and/or misleading statements and/or failed to disclose: that its inventory valuation tools were inadequate; that its tools to calculate goodwill impairment were poor; that it was engaging and/or had engaged in activity that would lead to an SEC investigation; and that as a result, Fenix's statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

When this information was released to the public, the value of Fenix stock fell, causing investors serious harm.

If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.


Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474

SOURCE: Khang & Khang LLP