NEW YORK--(BUSINESS WIRE)--The Klein Law Firm announces the commencement of 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.
If you suffered a loss in Sky Solar and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kkclasslaw.com/SKYS-Info-Request-Form-165.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
