NEW YORK, Aug. 15, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating China Commercial Credit, Inc. ("China Commercial Credit" or the "Company")(NasdaqCM: CCCR) and its board of directors for potential federal securities law violations and/or breaches of fiduciary duties in connection with the Company's proposed acquisition of all of the issued and outstanding equity interests of Sorghum Investment Holdings Limited in exchange for 152,586,795 shares of the Company's common stock (the "Acquisition").
The investigation focuses on whether China Commercial Credit and/or its board of directors violated federal securities laws and/or breached their fiduciary duties to the Company's stockholders by: 1) failing to properly value the Company in connection with the Acquisition; and 2) failing to disclose all material information in connection with the Acquisition.
Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and iscommitted to protecting shareholders and consumers from corporate wrongdoing. Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.
If you own common stock in China Commercial Credit and wish to obtain additional information and protect your investments free of charge, please visit us at http://monteverdelaw.com/investigations/m-a/ or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.
Contact: Juan E. Monteverde, Esq. MONTEVERDE & ASSOCIATES PC The Empire State Building 350 Fifth Ave Suite 4405 New York, NY 10118 United States of America [email protected] Tel: (212) 971-1341
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