05-19-2017 07:25 PM CET - Business, Economy, Finances, Banking & Insurance
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Pingtan Marine Enterprise Ltd (NASDAQ:PME) Shareholder Notice: Investigation over possible Violations of Securities Laws

Press release from: Shareholders Foundation
An investigation for investors in NASDAQ:PME shares over potential securities laws violations by Pingtan Marine Enterprise Ltd.
An investigation for investors in NASDAQ:PME shares over potential securities laws violations by Pingtan Marine Enterprise Ltd.
An investigation on behalf of investors of Pingtan Marine Enterprise Ltd (NASDAQ:PME) shares over potential securities laws violations by Pingtan Marine Enterprise Ltd was announced.

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 certain 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 18, 2017, NASDAQ:PME shares closed at $2.85 per share.

Those who purchased shares of Pingtan Marine Enterprise Ltd have certain options and should contact the Shareholders Foundation.

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

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