NEW YORK, March 29, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Fang Holdings Limited ("Fang Holdings" or the "Company") (NYSE: SFUN). Such investors are advised to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/sfun.
The investigation concerns whether Fang Holdings and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.
On March 29, 2017, Bloomberg News published a report stating that Beijing City's housing commission canceled the brokerage license of a unit of Fang Holdings, explaining that the unit had posted deceitful information online in connection to property sales. Following this news, Fang Holding's American Depositary Receipt price has dropped as much as $0.31 per share, or 11.19%, during intraday trading on March 29, 2017.
If you are aware of any facts relating to this investigation, or purchased Fang Holdings securities, you can assist this investigation by visiting the firm's site: www.bgandg.com/sfun. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | firstname.lastname@example.org
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