Chronicle Journal: Finance

WINS ALERT: J&W Commences an Investigation of Market Manipulation by Wins Finance Holdings Inc.; Investors Encouraged to Contact the Firm

SAN DIEGO, April 3, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating whether certain officers or directors of Wins Finance Holdings Inc. (NASDAQ: WINS) violated federal laws. Wins provides financing solutions to small and medium enterprises in the Peoples Republic of China.

On March 30, 2017, SeekingAlpha.com published an article stating that the U.S. Securities and Exchange Commission is actively investigating Wins for alleged "market manipulation." Also, the article states that Wins Finance had tricked the Russell 2k Index into including WINS and removal from the index will likely happen in May. Following this news, shares of Wins plummeted falling over 35% on March 31, 2017.

If you have information that could assist in this investigation, including past employees and others, or if you are a Wins shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) by email or phone at 619-814-4471. If emailing, please include a phone number.

About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/wins-alert-jw-commences-an-investigation-of-market-manipulation-by-wins-finance-holdings-inc-investors-encouraged-to-contact-the-firm-300433397.html

SOURCE Johnson & Weaver, LLP

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