LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of China Unicom (Hong Kong) Limited (“China Unicom” or the “Company”) (NYSE: CHU) investors concerning the Company and its officers’ possible violations of federal securities laws.
On April 18, 2017, news agencies reported that the former chairman of China Unicom, Chang Xiaobing, pled guilty to bribery-related charges. According to reports, prosecutors stated that Mr. Chang took advantage of his position to seek benefits in connection with project contracts and equipment purchases.
On this news, shares of China Unicom fell 3.5% on April 18, 2017, thereby injuring investors.
If you purchased China Unicom securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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