SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZTO Express (Cayman) Inc. - ZTO

NEW YORK, July 11, 2017 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of ZTO Express (Cayman) Inc. ("ZTO" or the "Company") (NYSE:  ZTO).   Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 9980.

The investigation concerns whether ZTO and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On October 27, 2016, ZTO conducted a public offering of 72,100,000 American Depository Shares ("ADSs") at a price of $19.50 per share, raising $1.4 billion (the "Offering").  ZTO's registration statement and prospectus filed with the U.S. Securities and Exchange Commission in support of the Offering presented a highly positive picture of ZTO's business, performance, prospects, and acreage, while omitting crucial realities.  ZTO specifically emphasized its strong operating leverage, superior profitability, and rapid growth.  However, ZTO failed to disclose that it was improperly inflating its stated profit margins far above industry norms by keeping low-margin segments of its business out of its financial statements.  Since the Offering, the price of ZTO's ADSs has fallen approximately 25%.

The Pomerantz Firm, with offices in New York, Chicago, Florida, and Los Angeles, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com

CONTACT:

Robert S. Willoughby

Pomerantz LLP

rswilloughby@pomlaw.com

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SOURCE Pomerantz LLP