An investigation on behalf of investors in Tencent Holdings Limited (OTC:TCEHY) shares over potential wrongdoing at Tencent Holdings Limited was announced.
San Diego, CA -- (SBWIRE) -- 05/04/2021 -- Certain directors of Tencent Holdings Limited are under investigation over potential breaches of fiduciary duties.
Investors who purchased shares of Tencent Holdings Limited (OTC: TCEHY) 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 concerns whether certain Tencent Holdings Limited directors breached their fiduciary duties and caused damage to the company and its shareholders.
China based Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Internet advertising services in Mainland China, the United States, Europe, and internationally. On March 12, 2021, Bloomberg published an article entitled "Tencent Faces Broad China Clampdown on Fintech, Deals," reporting that "China's top financial regulators see Tencent as the next target for increased supervision after the clamp down" on Ant Group Co. As a result, the Company would "probably be required to establish a financial holding company to include its banking, insurance, and payments services."
Those who purchased shares of Tencent Holdings Limited (OTC: TCEHY) 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
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.