INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of TCP International Holdings Ltd. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of January 11, 2016 -- TCPI
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 11/23/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
or otherwise acquired securities of ("TCP") (NYSE: TCPI) .
that a securities class action lawsuit has been commenced in the USDC for the Southern District of New York. If you purchased or otherwise acquired TCP securities between May 8, 2015 and November 5, 2105, your rights may be affected by this action. To get more information : .
The complaint alleges that defendants failed to disclose during the Class Period that TCP's Chairman Ellis Yan had made improper payments with his personal funds relating to TCP's business and that improper relationships existed between Yan and the Company's Vice-Chairman, Zhaoling Yan, and certain vendors.
On November 5, 2015, TCP announced that it would delay the release of the Company's third-quarter financial results due to a pending investigation by the Audit Committee of TCP's Board of Directors concerning the scope and propriety of payments made by its Chairman with his personal funds relating to TCP's business, and whether relationships exist between Yan and Zhaoling Yan and certain vendors. TCP noted it does not anticipate filing its third-quarter Form 10-Q by the extended due date of November 23, 2015.
to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit .
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut 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.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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Datum: 23.11.2015 - 23:22 Uhr
Sprache: Deutsch
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