NEW YORK, Dec. 27, 2018 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP is investigating potential securities fraud claims on
behalf of shareholders of Yangtze River Port and Logistics Limited (“Yangtze”) (NASDAQ: YRIV) resulting from allegations that
Yangtze River Port and Logistics Limited and/or its executives may have issued materially misleading business information to the
investing public.
If you purchased and incurred losses in shares of Yangtze River Port and Logistics Limited, please call Gregory Stone at (800)
575-0735 or (212) 545-4774, or email to gstone@whafh.com.
Yangtze River Port and Logistics Limited operates as a real estate company. The Company focuses on port
logistics center, office space, railways, road transport, storage and processing, and infrastructure development projects. Yangtze
River Port and Logistics also specializes in construction planning, logistics and warehouse management, and terminal handling
activities.
On December 6, 2018, Hindenburg Research issued a report claiming that Yangtze is a scheme run by its
Chairman, Xiangyao Liu, to siphon money from the U.S. public markets. Based on government-sourced documents and interviews with
local officials, they believe at least 77% of the company’s reported assets are fabricated.
Yangtze shares traded at $11.62 per share prior to the issuance of this report, and currently trade at $4.24 per share, a
decline of over 60%.
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of
securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has
attorneys in various practice areas and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in
shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in
complex securities multi-district and consolidated litigation.
If you wish to discuss this investigation or have any questions regarding your rights and interests in this
matter, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
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Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
