SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Qunar Cayman Islands Ltd. (QUNR)

Jan 05, 2016, 10:00 ET from Bronstein, Gewirtz & Grossman, LLC

NEW YORK, Jan. 5, 2016 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of the securities of Qunar Cayman Island Ltd. ("Qunar" or the "Company") (NasdaqGM: QUNR).  Such investors are advised to contact Peretz Bronstein or his investor relations analyst Yael Hurwitz at or 212-697-6484.

The investigation concerns whether Qunar and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. 

On January 4, 2016, pre-market, Qunar announced changes to its management and board of directors. Zhenyu Chen, Qunar's Executive Vice President and Head of Mobile Business Group, is succeeding Chenchao Zhuang as CEO. Xiaolu Zhu, Qunar's Senior Director of Strategy and Investor Relations, is succeeding Yilu Zhao as CFO, and Qiang Zhang, Qunar's Executive Vice President and Head of Destination Services Business Group, is assuming the role of COO. These changes became effective as of January 4, 2016.

Following this news, Qunar stock fell as much as $8.78, or 16.65%, to $43.96 during intra-day trading on January 4, 2016.

If you are aware of any facts relating to this investigation, or purchased shares of Qunar, you can assist this investigation by contacting Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484 or via email  Those who inquire by e-mail are encouraged to include their mailing address, email and telephone number.

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 |

SOURCE Bronstein, Gewirtz & Grossman, LLC