NEW YORK--(BUSINESS WIRE)--Bragar Eagel & Squire, P.C., a nationally recognized shareholder law firm is investigating potential claims against Wanda Sports Group Limited (NASDAQ: WSG) of stockholders. Our investigation concerns whether Wanda Sports has violated the federal securities laws and/or engaged in other unlawful business practices.
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On July 26, 2019, Wanda Sports conducted its IPO, selling approximately 24 million American Depositary Shares (“ADSs”) for $8.00 per ADS. Since the IPO, the Company’s ADSs have consistently decreased in value, closing at $4.02 per ADS on October 7, 2019. This decline was in part driven by the resignation of the company’s Chief Executive Officer and by the company’s poor reported financial results for the second quarter of 2019.
If you purchased or otherwise acquired Wanda Sports shares and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
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Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.