EQUITY ALERT: Rosen Law Firm Announces Investigation of China Housing and Land Development in Connection with its Going Private Transaction – CHLN

NEW YORK--()--The Rosen Law Firm, P.A. announces that it is investigating the Board of Directors of China Housing and Land Development, Inc. (NASDAQ: CHLN) for possible breaches of fiduciary duty and other violations of state law in connection with their approval of a going private transaction.

If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the transaction, China Housing and Land Development will initiate a reverse stock split where every 50,000 shares of its publicly traded common stock will be converted into one whole share. China Housing and Land Development shareholders will receive $1.75 in cash for each pre-reverse split share they own. The investigation relates to whether the proposal for $1.75 per share is fair to shareholders and whether China Housing and Land Development’s Board breached its fiduciary duties in connection with the going private transaction.

If you currently own shares of China Housing and Land Development stock and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-339.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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Contacts

The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: 212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com

Release Summary

Rosen Law Firm Representing China Land and Housing Development Shareholders in Connection with Going Private Proposal - CHLN

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Contacts

The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: 212-686-1060
Toll Free: 1-866-767-3653
Fax: 212-202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com