12.07.2017 17:52:00
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ZTO ALERT: J&W Announces Investigation of ZTO Express (Cayman) Inc.; Investors Encouraged to Contact Firm
SAN DIEGO, July 12, 2017 /PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by ZTO Express (Cayman) Inc. (NYSE: ZTO). ZTO provides express delivery and other value-added logistics services in China.
On October 27, 2016, ZTO conducted a public offering, selling 72.1 million shares of stock at $19.50, raising $1.4 billion million in new capital. However, since the offering, ZTO's stock has fallen well below the offering price.
Specifically, Johnson & Weaver's investigation seeks to determine whether certain statements regarding the Company's business operations and financial prospects were not as strong as represented in the Registration Statement
If you are a ZTO shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
View original content:http://www.prnewswire.com/news-releases/zto-alert-jw-announces-investigation-of-zto-express-cayman-inc-investors-encouraged-to-contact-firm-300487061.html
SOURCE Johnson & Weaver, LLP
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