25.04.2017 21:04:00

EQUITY ALERT: Rosen Law Firm Continues Investigation of Securities Claims Against China Unicom (Hong Kong) Limited - CHU

NEW YORK, April 25, 2017 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is continuing to investigate potential securities claims on behalf of shareholders of China Unicom (Hong Kong) Limited (NYSE: CHU) resulting from allegations that China Unicom may have issued materially misleading business information to the investing public.

On April 18, 2017, media outlets reported that China Unicom's former Chairman and Chief Executive Officer Chang Xiaobing admitted at trial in China that he accepted bribes worth more than 3.76 million yuan during his 14-year tenure at China Unicom. On this news, shares of China Unicom fell $0.48 per share or over 3% on April 18, 2017.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by China Unicom investors. If you purchased shares of China Unicom on or before April 18, 2017, please visit the firm's website at http://www.rosenlegal.com/cases-1103.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      Kevin Chan, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 34th Floor
      New York, NY  10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      lrosen@rosenlegal.com
      pkim@rosenlegal.com
      kchan@rosenlegal.com
      www.rosenlegal.com

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/equity-alert-rosen-law-firm-continues-investigation-of-securities-claims-against-china-unicom-hong-kong-limited--chu-300445465.html

SOURCE Rosen Law Firm, P.A.

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