SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Investing In Wins Finance Holdings, Inc.
To Contact The Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Wins Finance Holdings, Inc. (“Wins” or
the “Company”) (NASDAQ:WINS) of the June 5, 2017 deadline to seek the role of lead plaintiff in a federal securities class action
lawsuit filed against the Company and certain officers.
The lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all those who purchased
Wins securities between October 29, 2015 and March 29, 2017 (the “Class Period”). The case, Dutt v. Wins Finance Holdings, Inc.
et al, No. 17-cv-02434 was filed on April 4, 2017.
The lawsuit focuses on whether the Company and its executives violated federal securities laws by engaging in activities that
might lead to charges of market manipulation.
Specifically, according to an article published by SeekingAlpha on March 30, 2017, the Company is under investigation by
the Securities and Exchange Commission for “market manipulation.” Additionally, the Company misled investors about business
operations and the existence of its headquarters locations in New York and Hong Kong in order to gain inclusion on the Russell
indexes.
After this information became public, Wins’s share price fell from $280.60 per share on March 29, 2017 to a closing price of
$144.99 on March 31, 2017—a $135.61 or a 48.33% drop.
Request more information now by clicking here: www.faruqilaw.com/WINS . There is no cost or obligation to you.
Take Action
You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to
rgonnello@faruqilaw.com.
Faruqi & Faruqi, LLP also encourages anyone with information regarding Wins’s conduct to contact the firm, including
whistleblowers, former employees, shareholders and others.
The court-appointed lead plaintiff is the investor with the largest financial interest in the relief sought by the class that is
adequate and typical of class members who directs and oversees the litigation on behalf of the putative class. Any member of the
putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and
remain an absent class member. Your ability to share in any recovery is not affected by the decision of whether or not to serve as
a lead plaintiff.
Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future
matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential
manner.
FARUQI & FARUQI, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
rgonnello@faruqilaw.com
Telephone: (877) 247-4292 or (212) 983-9330
View source version on businesswire.com: http://www.businesswire.com/news/home/20170524006307/en/