LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Sky Solar Holdings, Ltd. (“Sky Solar” or the “Company”) (Nasdaq: SKYS).
If you purchased or otherwise acquired Sky Solar shares, and would like more information about the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you.
The investigation focuses on whether Sky Solar and certain of its officers and/or directors violated federal securities laws. On June 13, 2017, the Company announced that its Management Committee intends to recommend to the board that it form a committee of independent directors to investigate the conduct of former CEO Mr. Weili Su and recommend further action, in order to provide greater transparency to shareholders. Following this news, the trading of Sky Solar shares was halted. On June 15, 2017, the Company revealed that it expects the establishment of such committee in the next two to three days, and that the investigation will focus on certain transactions and fund transfers made by Mr. Su, which appear to lack proper board and audit committee authorizations.
If you have any questions about your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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