NEW YORK, Dec. 26, 2018 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law
firm, is investigating potential securities fraud claims on behalf of shareholders of Yangtze River Port and Logistics
Limited (“Yangtze River” or the “Company”) (NASDAQ: YRIV) resulting from allegations that Yangtze River and/or its executives
may have issued materially misleading business information to the investing public.
If you purchased Yangtze River securities, and/or would like to discuss your legal rights and options, please
visit Yangtze River Shareholder Investigation or contact Daniel Sadeh toll free at (877) 779-1414 or
dsadeh@bernlieb.com.
On December 6, 2018, Hidenburg Research published a report titled, “Yangtze River Port & Logistics:
Total Zero. On-the-Ground Research Shows Assets Appear to be Largely Fabricated.” The report stated, among other things, that
“[b]ased on government-sourced documents and interviews with local officials, we believe that at least 77% of the company’s
reported assets are fabricated,” and “[d]espite the company’s SEC filings, which state that there are no material legal proceedings
against the business, we found Chinese court records showing that the company has at least 11 judgements filed against them
totaling RMB 766 million (USD $110 million).”
On this news, Yangtze River’s stock fell $1.63 per share or approximately 14% to close at $9.99 per share on
December 6, 2018, damaging investors.
If you purchased Yangtze River securities, and/or would like to discuss your legal rights and options, please
visit https://www.bernlieb.com/cases/yangtze-river-port-logistics-limited-yriv-lawsuit-class-action-fraud-stock-104/ or
contact Daniel Sadeh toll free at (877) 779-1414 or dsadeh@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing
individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor
their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions,
the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal
500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2018 Bernstein Liebhard LLP. The law firm responsible for this advertisement is
Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this
advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome
with respect to any future matter.
Contact Information
Daniel Sadeh
Bernstein Liebhard LLP
http://www.bernlieb.com
(877) 779-1414
dsadeh@bernlieb.com
