NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Sky Solar Holdings, Ltd. (NASDAQ:SKYS) concerning possible violations of federal securities laws. On June 15, 2017, Sky Solar announced it “expects to establish a committee consisting of independent directors…to investigate the conduct of its former Chief Executive Officer Mr. Weili Su.” The investigation concerns certain transactions and fund transfers which appear to lack proper board and audit committee authorizations.” Following this news, shares of Sky Solar were down more than 9% on intraday trading on June 15, 2017. To obtain additional information, go to:
http://www.zlkdocs.com/SKYS-Info-Request-Form-5875
or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
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.