NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP announces it has commenced an investigation of Pingtan Marine Enterprise Ltd. (“Pingtan”) (NASDAQ:PME) concerning possible violations of federal securities laws.
On May 10, 2017, an analyst published a report asserting that Pingtan concealed its involvement in, among other things, forced labor, illegal fishing, and human trafficking schemes. On this news, shares of Pingtan were down more than 33% on intraday trading on May 10, 2017. To obtain additional information, go to:
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