IRVINE, Calif.--(BUSINESS WIRE)--Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by Eros International Plc (“Eros” or the “Company”) (EROS). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.
If you purchased shares of Eros during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at firstname.lastname@example.org.
There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.
On October 30 2015, a report was published on Eros asserting, among other things, that: (1) Eros’ reported earnings are significantly overstating the economic reality of its business model; (2) Eros’ subsidiary financials reveal a lack of free cash flow and raise many questions about the company’s accounting; and (3) Eros has enriched its controlling family at the expense of shareholders through a series of related-party transactions. When the truth was revealed, shares dropped causing investors harm.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at email@example.com.
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