An investigation on behalf of current long term investors in Fanhua Inc. (NASDAQ: FANH) shares over possible breaches of fiduciary duty by certain officers and directors was announced
San Diego, CA -- (SBWIRE) -- 12/05/2018 -- Certain directors of Fanhua Inc are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Fanhua Inc. (NASDAQ: FANH) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NASDAQ: FANH stocks follows a lawsuit filed recently against Fanhua Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: FANH stocks, concerns whether certain Fanhua directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Fanhua engaged in improper business practices, including irregular accounting, that the foregoing practices were intended to benefit Company insiders and overstated Fanhua's financial assets and performance metrics, and that as a result, Fanhua's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Fanhua Inc. (NASDAQ: FANH) have certain options and should contact the Shareholders Foundation.
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