LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Pingtan Marine Enterprise Ltd. (“Pingtan” or the “Company”) (NASDAQ: PME) investors concerning the Company and its officers’ possible violations of federal securities laws.
On May 10, 2017, it was reported that Pingtan had hidden its involvement in certain illegal practices, including forced labor, illegal fishing and human trafficking.
On this news, shares of Pingtan have fallen sharply, over 33% during intraday trading on May 10, 2017.
If you purchased Pingtan 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 Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.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.
