|Company name||Pingtan Marine Enterprise Ltd.|
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 firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.