The Law Offices of Frank R. Cruz Announces Investigation of GDS Holdings Limited (GDS) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of GDS Holdings Limited (“GDS” or the “Company”) (NASDAQ: GDS) on behalf of investors concerning the Company’s possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On April 4, 2023, GDS disclosed that its Chief Executive Officer had entered into pre-paid forward sale contract transactions that may trigger “actual, potential or alleged breaches or early termination of other contracts or agreements” and could potentially “have implications for the purposes of China’s national security review regime and anti-monopoly merger filing requirements.” GDS also warned that “[the] occurrence of any of the foregoing may have a material and adverse effect on [its] business development, financial condition and future prospects.”

On this news, GDS’s share price fell $0.74, or 4%, to close at $17.80 per share on April 4, 2023, thereby injuring investors.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you purchased GDS securities, have information or 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 Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [e-mail], or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.