Company name Pingtan Marine Enterprise Ltd.
Stock symbol PME
Status Under Investigation

NEW YORK, May 10, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of Pingtan Marine Enterprise Ltd. (NASDAQ: PME). Our investigation concerns whether Pingtan Marine and certain of its officers and/or directors have violated federal securities laws and/or engaged in other unlawful business practices.

On May 10, 2017, Aurelius Value published a report claiming that the Company “has engaged in fraudulent and illegal activities that conceal the reality that its shares likely have zero value.” Among the accusations, the report finds that the Company finances international crimes of fraud, poaching, and human trafficking.

If you purchased or otherwise acquired Pingtan Marine securities and suffered a loss, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.

First name*

Last name*

City, state, ZIP code*

Email address*

Daytime phone*

Evening phone

Purchase Date*

No. of Shares*

Purchase Price*

Purchase Date

No. of Shares

Purchase Price

Call to provide more information: Tel: (212) 308-5858

Please list below any additional transactions in this security:

Additional comments

The submission of this form does not create an attorney-client relationship, nor any obligation on the part of Bragar Eagel & Squire, P.C., or you to file a legal action. Any information you submit will be maintained as confidential. If Bragar Eagel & Squire, P.C., in its sole discretion, believes that you might be an appropriate class representative, Bragar Eagel & Squire, P.C., will contact you to discuss the matter and to determine whether to establish an attorney client relationship.