The Seiden Group announces U.S. Shareholders formation of a group to recover investor funds through a proposed Receivership over China-based Zuoan Fashion Ltd. (Ticker: ZAHLY.PK)

NEW YORK, March 6, 2017 /PRNewswire/ -- Zuoan Fashion Ltd. (Ticker: ZAHLY.PK) is a Cayman Islands corporation that designs, manufactures and markets casual men's clothing. The Company markets its clothing through its own retail stores, and through other retailers throughout China.  ZAHLY.PK  filed its F-1 form with the Securities & Exchange Commission ("SEC") representing its initial public offering of  American depositary shares of the company on January 4, 2011 and was removed from the New York Stock Exchange via a form 25 filed with the on November 5, 2015.

Certain shareholders have spoken with Robert W. Seiden, Esq. in New York to represent a group of shareholders to enforce the rights of the U.S. shareholders for acts detrimental to the investors including gross mismanagement, failure to comply with SEC orders and others in order to get a possible return of capital to the investors.

If you are a current shareholder of ZAHLY.PK and interested in information to consider joining in the case, please email Nathaniel Francis at the email: nfrancis@csilegal.com or call 212.626.6709. You can also register on the website www.confidentialglobal.com under "Join Receivership Case".

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SOURCE The Seiden Group