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News - Bragar Eagel & Squire is Investigating

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Golden_Cross Member Level  Tuesday, 10/08/19 11:51:09 PM
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News - Bragar Eagel & Squire is Investigating Certain Officers and Directors of TrueCar, Verb, Yangtze River, and YRC Worldwide and Encourages Investors to Contact the Firm

Whole Article Link:
http://www.globenewswire.com/news-release/2019/10/09/1927029/0/en/Bragar-Eagel-Squire-is-Investigating-Certain-Officers-and-Directors-of-TrueCar-Verb-Yangtze-River-and-YRC-Worldwide-and-Encourages-Investors-to-Contact-the-Firm.html


October 08, 2019 20:28 ET | Source: Bragar Eagel & Squire
NEW YORK, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire is investigating certain officers and directors of TrueCar, Inc. (NASDAQ: TRUE), Verb Technology Company, Inc. (NASDAQ: VERB), Yangtze River Port and Logistics Limited (Other OTC: YRIV), and YRC Worldwide, Inc. (NASDAQ: YRCW) on behalf of long-term stockholders. More information about each potential case can be found at the link provided.

Yangtze River Port and Logistics Limited (Other OTC: YRIV)

Bragar Eagel & Squire is investigating certain officers and directors of Yangtze River Port and Logistics Limited following a class action complaint that was filed against Yangtze River on January 2, 2019.

According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Yangtze’s purported lease of the Wuhan Yangtze River Newport Logistics Center, the company’s main asset, was a fabrication; (2) Yangtze’s only operating subsidiary, Wuhan Yangtze River Newport Logistics Co., Ltd., was declared insolvent in China due to a number of default judgments against it; and (3) as a result, defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

For more information on our investigation into Yangtze River go to: https://bespc.com/Yriv-2

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