Pawar Law Group Announces Investigation of Securities Claims Against China Unicom (Hong Kong) Limited - CHU

Accesswire 21-Apr-2017 6:50 PM

NEW YORK, NY / ACCESSWIRE / April 21, 2017 / The Pawar Law Group announces it is investigating potential securities claims on behalf of shareholders of China Unicom (Hong Kong) Limited (NYSE: CHU) resulting from allegations that the Company 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.

Our investigation concerns whether the Company issued false and misleading statements to investors causing investor losses. If you own Company shares and wish to learn how to protect your investment and recover your losses in Company stock, please visit http://pawarlawgroup.com/cases/china-unicom-hong-kong-limited/ or contact Vik Pawar at 212-571-0805.

Contact:

Vik Pawar, Esq. Pawar Law Group20 Vesey Street, Suite 1210 New York, NY 10007 Tel: (212) 571-0805 Fax: (212) 571-0938 vik@pawarlawgroup.com

SOURCE: Pawar Law Group

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