SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Involving Possible Securities Fraud V...
07 Novembre 2016 - 6:46PM
Business Wire
Levi & Korsinsky announces it has commenced an investigation
of Agria Corporation (“Agria” or the “Company”) (NYSE: GRO)
concerning possible violations of federal securities laws by
certain officers and directors.
On November 3, 2016, trading of Agria ADSs was suspended,
following an investigation by the New York Stock Exchange, which
uncovered alleged evidence of insiders engaging in trading intended
to artificially inflate Agria’s stock price. According to Agria,
the NYSE investigation determined there was evidence that the
improper trading was “intended to artificially inflate” the stock
price in order 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.” The To obtain
additional information about the investigation, go to:
http://zlk.9nl.com/agria-gro
or contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
Attorney advertising. Prior results do not guarantee similar
outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20161107006216/en/
Levi & Korsinsky, LLPEduard Korsinsky, Esq.,
212-363-7500Toll Free: 877-363-5972Fax: 212-363-7171www.zlk.com
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