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:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, Connecticut, California and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.