NEW YORK, Nov. 7, 2016 /PRNewswire/ -- Attorney Advertising
-- Bronstein, Gewirtz & Grossman, LLC is investigating
potential claims on behalf of purchasers of American Depositary
Shares ("ADSs") of Agria Corporation ("Agria" or the
"Company") (NYSE: GRO). 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 Agria and certain of its
officers and/or directors have violated Sections 10(b) and 20(a) of
the Securities Exchange Act of 1934.
On November 4, 2016, Agria
revealed that it received a letter ("Letter") from the New York
Stock Exchange ("NYSE") stating that the NYSE was delisting its
ADSs from the NYSE. Trading was suspended on November 3, 2016.
According to the NYSE's Letter, the decision to delist Agria was
based on the NYSE Regulation investigation, that exposed evidence
that Agria (1) through a top executive and other intermediaries
engaged in trading intended to artificially overstate Agria's stock
price, including to improperly avoid having the company delisted
for failing to comply with NYSE's continued listing standards
requiring companies to maintain an average stock price of at least
$1.000 per share over a consecutive
thirty-day trading period; and (2) provided partial, misinforming,
or false information in regards to its investigations. The
Letter also revealed an ongoing SEC investigation.
If you are aware of any facts relating to this investigation, or
purchased Agria shares, you can assist this investigation by
visiting the firm's site: http://www.bgandg.com/agr. You can also
contact Peretz Bronstein or his
Investor Relations Analyst, Yael
Hurwitz of Bronstein, Gewirtz & Grossman, LLC:
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