Shareholders Foundation, Inc.

OTC: ANPDF Investor Alert: Investigation over Possible Securities Laws Violations by ANTA Sports Products Limited

An investigation for investors in ANTA Sports Products Limited (OTC: ANPDF) shares over potential securities laws violations by ANTA Sports Products Limited was announced.

 

San Diego, CA -- (SBWIRE) -- 07/25/2018 -- An investigation was announced over potential securities laws violations by ANTA Sports Products Limited and certain of its directors and officers in connection with certain financial statements.

Investors who purchased shares of ANTA Sports Products Limited (OTC: ANPDF), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of ANTA Sports Products Limited (OTC: ANPDF) concerning whether a series of statements by ANTA Sports Products Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

China based ANTA Sports Products Limited reported that its annual Total Revenue rose from over $11.12 billion in 2015 to over $13.34 billion in 2016 and that its respective Net Income increased from over $2.04 billion in 2015 to over $2.38 billion in 2016.

On June 12, 2018, a report was issued stating that ANTA's operating margins were sufficiently high. The report suspected the Company of engaging in questionable accounting practices.

Those who purchased shares of ANTA Sports Products Limited (OTC: ANPDF) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com