BOSTON, June 15, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Sky Solar Holdings Ltd. ("Sky" or the "Company") (NASDAQ: SKYS) and certain of its officers and directors violated federal securities laws.
On June 13, 2017, Sky announced "that after reviewing certain conduct of its former Chief Executive Officer Mr. Weili Su," who was abruptly removed from office last week, "its Management Committee intends to recommend to the board that it form a committee to investigate the conduct." The Company advised that "[t]he independent committee may recommend further action intended to provide greater transparency to the Company's shareholders."
On this news, the trading of Sky shares was – and remains – halted.
If you purchased or otherwise acquired Sky securities and have questions about your legal rights or possess information relevant to this investigation, please contact attorney Bradley Vettraino at (617) 398-5600, by email at firstname.lastname@example.org, or by visiting www.blockesq.com/sky.
Confidentiality to whistleblowers or others with information relevant to this investigation is assured.
Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.
This notice may constitute attorney advertising.
Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/sky-solar-holdings-ltd-skys-investigated-for-securities-fraud-by-block--leviton-after-announcing-the-company-is-investigating-its-former-ceo-300474567.html
SOURCE Block & Leviton LLP