Khang & Khang LLP (the “Firm”) announces that a class action lawsuit has
been filed against SouFun Holdings Ltd. (“SouFun” or the
“Company”) (NYSE: SFUN).
Investors who purchased or otherwise acquired shares between May 20,
2015 and October 27, 2015, inclusive (the “Class Period”) are encouraged
to contact the Firm prior to the December 29, 2015 lead plaintiff motion
deadline.
If you purchased shares of SouFun 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 by
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, the Company issued materially false and
misleading statements to investors and/or failed to disclose that: (1)
SouFun employees routinely created “fake contracts”; (2) Defendants were
aware that SouFun employees routinely created “fake contracts”; and (3)
as a result, the Company’s public statements were materially false and
misleading and/or lacked a reasonable basis at all relevant times.
If you purchased shares of SouFun during the Class Period, you have
until December 29, 2015 to ask the Court to appoint you as lead
plaintiff. If you wish to learn more about this lawsuit, or 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.
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