ISLE OF MAN, United Kingdom--(BUSINESS WIRE)--Eros International Plc (NYSE:EROS) (“Eros”), a leading global company in the Indian film entertainment industry, today made the following statement:
“Eros International Plc remains confident in its financial accounting practices and integrity of its business and operations. We intend to continue to defend ourselves against the perpetrators of the false and misleading allegations such as those that have been disseminated to the market in recent days.
In light of these false and misleading publications about Eros International Plc, the Company has retained Michael J. Bowe, partner at Kasowitz, Benson, Torres & Friedman, to investigate and pursue all available legal remedies against those responsible for these blatant attempts at market manipulation. Anyone with information about those responsible for the dissemination of this disinformation can submit that information confidentially at (212) 542-4701.”
About Eros International Plc
Eros International Plc (NYSE: EROS) is a leading global company in the Indian film entertainment industry that acquires, co-produces and distributes Indian films across all available formats such as cinema, television and digital new media. Eros International Plc became the first Indian media company to list on the New York Stock Exchange. Eros International has experience of over three decades in establishing a global platform for Indian cinema. The Company has an extensive and growing movie library comprising of over 3,000 films, which include Hindi, Tamil, and other regional language films for home entertainment distribution. The Company also owns the rapidly growing OTT platform ErosNow. For further information please visit: www.erosplc.com