EQUITY ALERT: Goldberg Law PC Announces the Filing of a Securities Class Action Lawsuit against ZTO Express (Cayman) Inc.

LOS ANGELES, Sept. 7, 2017 /PRNewswire/ -- Goldberg Law PC, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against ZTO Express (Cayman) Inc. ("ZTO" or the "Company") (NYSE: ZTO) for violations of §§11, 12, and 15 of the Securities Act of 1933.

Investors who purchased the Company's shares pursuant or traceable to its initial public offering on October 27, 2016 (the "IPO"), are encouraged to contact the firm before October 16, 2017, the lead plaintiff motion deadline.

If you are a shareholder who suffered a loss in connection with the IPO, click here to participate.

We also encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights free of charge. You can also reach us through the firm's website at http://www.goldberglawpc.com/, or by email at info@goldberglawpc.com.

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Complaint alleges that the Registration Statement and Prospectus issued in connection with the IPO contained materially false and misleading information, and/or failed to disclose material information, to investors. At the time of the IPO, ZTO improperly inflated its stated profit margins by keeping certain low-margin segments of its business out of its financial statements.  The Company failed to disclose that it used a system of "network partners" to handle lower-margin pickup and delivery services, while maintaining ownership of core hub operations. The Company was able to exaggerate its profit margins to investors by keeping the businesses of the "network partners" off its own books. Since the IPO, ZTO's share price has dropped materially, which caused investors harm.

Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contact:
Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian Schall, Esq., 800-977-7401
info@goldberglawpc.com 
www.Goldberglawpc.com

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SOURCE Goldberg Law PC