InvestorsHub Logo

honestengine_rh

04/02/18 9:30 PM

#9197 RE: honestengine_rh #9196

It looks like the SDNY is getting wise. The shareholder lawsuit against Eros was dismissed, meaning they did not believe the short-sellers. They may have learned something from Longwei's case.

"Eros International Plc (EROS) (“Eros”), a leading global company in the Indian film entertainment industry, today announced that the United States District Court for the Southern District of New York has dismissed, with prejudice, the putative securities class action that was originally filed in November 2015 against Eros and certain of its officers and directors."

https://finance.yahoo.com/news/eros-international-plc-announces-dismissal-134500387.html