openPR Logo
Press release

Investigation announced for Investors in China Evergrande Group (EGRNY, EGRNF)

09-27-2021 10:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in China Evergrande Group (EGRNY, EGRNF) shares over potential securities laws violations.

An investigation for investors in China Evergrande Group (EGRNY, EGRNF) shares over potential securities laws violations.

An investigation on behalf of investors of China Evergrande Group (EGRNY, EGRNF) shares over potential securities laws violations by China Evergrande Group and certain of its directors and officers in connection with certain financial statements was announced.

Investors who purchased shares of China Evergrande Group (EGRNY, EGRNF), 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 possible claims on behalf of purchasers of the securities of China Evergrande Group (EGRNY, EGRNF) concerning whether a series of statements by China Evergrande Group regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

China based China Evergrande Group, an investment holding company, primarily engages in the property development business in the People's Republic of China.
On September 18, 2021, an article was published, titled: "How Beijing's Debt Clampdown Shook the Foundation of a Real-Estate Colossus: China Evergrande's looming collapse and its ripple effect on the economy will pose a test for the government's campaign to keep housing affordable for the masses." According to the article, "the party has ended. Years of aggressive borrowing have collided with Beijing's crackdown on debt, leaving [China Evergrande] on the brink of collapse."

Shares of China Evergrande Group (EGRNY, EGRNF) declined from $19.00 per EGRNY shares on August 12, 2021, to $7.25 per share on September 21, 201, respectively from $1.6 per EGRNF share on June 8, 2021, to $0.28 per share on September 21, 2021,

Those who purchased shares of China Evergrande Group (EGRNY, EGRNF)) have certain options and should contact the Shareholders Foundation.

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

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 lawsuits, 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. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Investigation announced for Investors in China Evergrande Group (EGRNY, EGRNF) here

News-ID: 2408635 • Views: 416

More Releases from Shareholders Foundation

Investigation announced for Investors in NASDAQ: CRMD shares over potential Wron …
An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of CorMedix Inc.. Investors who are current long term investors in CorMedix Inc. (NASDAQ: CRMD) shares, 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 for current long term investors in NASDAQ: CRMD stocks follows a lawsuit filed against CorMedix Inc. over
Investigation announced for Investors in NYSE: OUST shares over possible Wrongdo …
An investigation on behalf of investors in shares of Ouster, Inc. (NYSE: OUST) was announced over potential breaches of fiduciary duties by certain officers and directors at Ouster, Inc. Investors who purchased shares of Ouster, Inc. (NYSE: OUST) 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 concerns whether certain Ouster, Inc. directors breached their fiduciary duties and
Investigation announced for Investors in Amplify Energy Corp. (NYSE: AMPY) over …
An investigation was announced over potential securities laws violations by Amplify Energy Corp. in connection with certain statements. Investors who purchased shares of Amplify Energy Corp. (NYSE: AMPY), 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 possible claims on behalf of purchasers of the securities of Amplify Energy Corp. (NYSE: AMPY) concerning whether a series
Investigation announced for NYSE: TUYA shares over possible Wrongdoing at Tuya I …
An investigation on behalf of current long-term investors in shares of Tuya Inc. (NYSE: TUYA) was announced over potential breaches of fiduciary duties by certain officers and directors at Tuya Inc. Investors who purchased shares of Tuya Inc. (NYSE: TUYA) and currently hold any of those Tuya Inc. (NYSE: TUYA shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554. The investigation by a

All 5 Releases


More Releases for China

China Attestation
China is a growing Asian country and day by day many people migrate into the country for pursuing their personal needs. But going into China is not an easy task, we have to face some legal steps ahead. Let us define all this legal action in a single word China attestation. China government placed its embassies all over the world for ensuring the trustworthiness of the immigrant’s certificate. There
Energy Drinks in China
ReportsWorldwide has announced the addition of a new report title Energy Drinks in China to its growing collection of premium market research reports. Energy Drinks in China industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Land Right in China
ReportsWorldwide has announced the addition of a new report title Land Right in China to its growing collection of premium market research reports. Land circulation is a very important policy in China, playing a positive role in promoting the development of modern agriculture. And it will be possible for China to transform from household contract and planting by scattered small farmers in the past to large-scale plant, which has a significant
Global Color Steel Tile Market 2017 - South China, East China, Southwest China, …
Color Steel Tile Market Research Report A market study based on the " Color Steel Tile Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Color Steel Tile Market 2017’. The research report analyses the historical as well as present performance of the worldwide Color Steel Tile industry, and makes predictions on the future status of Color Steel Tile market on the basis
Telecom Cloud Billing Services Explore In Regions (South China, East China, Sout …
Big Market Research has added a report, titled, “China Telecom Cloud Billing Services Market Size, Status and Forecast 2022.” The report offers an extensive information and analysis of sales, production, revenue, key manufacturers, drivers & opportunities, and competitive scenario. Moreover, current industry trends and growth prospects are explored along with thorough analysis of each segment for the historic period, 2012–2017 and the forecast period, 2017–2022. The research also offers insights
China Blossom Restaurant & Lounge
China Blossom Restaurant & Lounge Debuts in 2011/2012 Zagat (Greater Boston, MA) – Each year the Zagat Survey shares the opinions of thousands of avid consumers, with real experiences, giving people the power to make smart dining decisions. This year, China Blossom Restaurant & Lounge, located in North Andover, MA, made its debut in the newly-released 2011/2012 Zagat Survey. Released on Wednesday, April 27th, 2011, the famed Zagat survey chronicles