EQUITY ALERT: Rosen Law Firm Encourages Evergrande Group Investors At Losses To Find Out About Class Action Investigations – EGRNF, EGRNY



NEW YORK–(BUSINESS WIRE) –WHY: Rosen Law Firm, a global investor rights law firm, announced that it is investigating on behalf of shareholders of the China Evergrande Group (OTC: EGRNF, EGRNY) potential securities claims arising out of allegations that China Evergrande may provide materially misleading business information to the investing public has passed on.

SO WHAT: If you have purchased China Evergrande securities, you may be entitled to compensation without paying any fees or expenses through a contingency fee arrangement. Law firm Rosen is preparing a class action lawsuit to redress investor losses.

WHAT TO DO NEXT: To participate in the future class action lawsuit, go to http://www.rosenlegal.com/cases-register-2160.html or call Phillip Kim, Esq. toll free at 866-767-3653 or email [email protected] or [email protected] for information about the class action.

WHAT’S THIS ABOUT: On September 18, 2021, The Wall Street Journal published an article entitled “How Beijing’s Debt Relief Shook the Foundation of a Real Estate Giant: The Impending Collapse of China Evergrande and Its Economic Impact Will Test the Government’s Campaign to Keep Housing Affordable to the Masses,” in which it means other things that “[t]he party is over. Years of aggressive borrowing clashed with Beijing’s tough deleveraging [China Evergrande] about to collapse. ”

After this news, shares of China Evergrande fell sharply on the next trading day, September 20, 2021 due to unusually high trading volume, causing harm to investors.

WHY ROSE LAW: We encourage investors to select qualified consultants with a track record in leadership roles. Companies issuing notices often do not have comparable experience, resources or meaningful recognition from colleagues. Be wise in choosing the advisor. Rosen law firm represents investors around the world and focuses its practice on securities class actions and shareholder derivatives lawsuits. Rosen Law Firm has filed the largest class-action securities lawsuit ever against a Chinese company. Rosen Law Firm was ranked # 1 by ISS Securities Class Action Services for 2017 number of securities class action settlements. The law firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company raised over $ 438 million for investors. In 2020, founding partner Laurence Rosen was named Titan of Plaintiffs’ Bar by Law360. Many of the firm’s attorneys are recognized by Lawdragon and Super Lawyers.

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