NEW YORK, Nov. 17, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against TCP International Holdings Ltd. ("TCP" or the "Company") (NYSE: TCPI), concerning whether the Company and/or its officers and directors have violated the federal securities laws.
A class action complaint recently filed in the U.S. District Court for the Southern District of New York, Case No. 15-cv-8889, alleges that the Company failed to disclose that TCP's Chairman, Ellis Yan, had made improper payments with personal funds and an undisclosed improper relationship existed between Mr. Yan and the Company's Vice-Chairman.
On November 5, 2015, TCP disclosed that it would be forced to delay the release of its third quarter financial results due to an investigation into the foregoing.
If you own TCP shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq.
Benjamin I. Sachs-Michaels, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Email: [email protected]
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Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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SOURCE Harwood Feffer LLP