NEW YORK, Aug. 1, 2018 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Pinduoduo Inc. ("Pinduoduo" or the "Company") (NASDAQ: PDD). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/pdd.
The investigation concerns whether Pinduoduo and certain of its officers and/or directors have violated federal securities laws.
On July 31, 2018 and August 1, 2018, media outlets reported that China's State Administration for Market Regulation is investigating Pinduoduo after reports of third-party vendors selling counterfeit goods on the Company's group-discounting website. On this news, Pinduoduo's American depositary share price fell sharply during intraday trading on August 1, 2018.
If you are aware of any facts relating to this investigation, or purchased Pinduoduo shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/pdd. 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 | [email protected]
SOURCE Bronstein, Gewirtz & Grossman, LLC