NEW YORK, Jan. 5, 2016 /PRNewswire/ -- Attorney
Advertising -- Bronstein, Gewirtz & Grossman, LLC is
investigating potential claims on behalf of purchasers of the
securities of Qunar Cayman Island Ltd. ("Qunar" or the "Company")
(NasdaqGM: QUNR). Such investors are advised to contact
Peretz Bronstein or his investor
relations analyst Yael Hurwitz at
info@bgandg.com or 212-697-6484.
The investigation concerns whether Qunar and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On January 4, 2016, pre-market,
Qunar announced changes to its management and board of directors.
Zhenyu Chen, Qunar's Executive Vice
President and Head of Mobile Business Group, is
succeeding Chenchao Zhuang as CEO. Xiaolu Zhu, Qunar's Senior Director of Strategy
and Investor Relations, is succeeding Yilu
Zhao as CFO, and Qiang Zhang, Qunar's Executive Vice
President and Head of Destination Services Business Group, is
assuming the role of COO. These changes became effective as of
January 4, 2016.
Following this news, Qunar stock fell as much as $8.78, or 16.65%, to $43.96 during intra-day trading on January 4, 2016.
If you are aware of any facts relating to this investigation, or
purchased shares of Qunar, you can assist this investigation by
contacting Peretz Bronstein or his
Investor Relations Analyst, Yael
Hurwitz of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email info@bgandg.com. Those who inquire
by e-mail are encouraged to include their mailing address, email
and telephone number.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation
boutique. Our primary expertise is the aggressive pursuit of
litigation claims on behalf of our clients. In addition to
representing institutions and other investor plaintiffs in class
action security litigation, the firm's expertise includes general
corporate and commercial litigation, as well as securities
arbitration. Attorney advertising. Prior results do not
guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC