NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Agria Corporation (“Agria” or the “Company”) (NYSE: GRO) concerning possible violations of federal securities laws by certain officers and directors.
On November 3, 2016, trading of Agria ADSs was suspended, following an investigation by the New York Stock Exchange, which uncovered alleged evidence of insiders engaging in trading intended to artificially inflate Agria’s stock price. According to Agria, the NYSE investigation determined there was evidence that the improper trading was “intended to artificially inflate” the stock price in order to “improperly avoid having the Company delisted for failing to comply with NYSE’s continued listing standards requiring companies to maintain an average stock price of at least $1.000 per share over a consecutive thirty-day trading period.” The To obtain additional information about the investigation, go to:
or contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
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