NEW YORK, NY / ACCESSWIRE / February 16, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of Wins Finance Holdings Inc. (or the "Company") (NASDAQ: WINS) resulting from allegations that WINS may have issued materially misleading business information to the investing public.
On December 9, 2016, an analyst published a report calling into question WINS's management's past actions, and providing evidence suggesting that WINS may be the subject of paid stock promotions. In response, WINS's stock price fell from $172.51 to $138.00, damaging investors. Then, on December 12, 2016, the same analyst reported that a site visit to WINS's purported headquarters had revealed that WINS did not have offices there, suggesting that WINS may have misled investors about its business operations. On this news, shares of WINS fell $27.38 per share or over 19% to close at $110.62 per share on December 12, 2016.
Our investigation concerns whether Wins Finance issued false and misleading statements to investors causing investor losses. If you own WINS shares and wish to learn how to protect your investment and recover your losses in WINS stock, please visit http://pawarlawgroup.com/cases/wins-finance-holdings-inc/ or contact Vik Pawar at 212-571-0805.
Contact:
Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938
vik@pawarlawgroup.com
SOURCE: Pawar Law Group
ReleaseID: 455323
