BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming June 5, 2017 deadline to file a lead plaintiff motion in the class action lawsuit filed on behalf of a class of investors who purchased or otherwise acquired Wins Finance Holdings Inc. (“Wins” or the “Company”) (NASDAQ: WINS) securities between October 29, 2015 and March 29, 2017, inclusive (the “Class Period”). Wins investors have until June 5, 2017 to file a lead plaintiff motion.
On March 30, 2017, a report was published on SeekingAlpha.com, claiming that Wins was under Securities and Exchange Commission scrutiny for possible market manipulation. Following the report, Wins shares plummeted in value.
The complaint filed in this class action alleges that, during the Class Period, Defendants falsely claimed the Company maintained U.S. headquarters in order to be included in the Russell indices, and that the Company engaged in market manipulation.
If you purchased Wins securities, you may move the Court no later than June 5, 2017 to request appointment as lead plaintiff in the putative class action lawsuit. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action lawsuit. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to this lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.
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