Company name Yangtze River Port and Logistics Limited
Ticker YRIV
Status Under Investigation

NEW YORK, December 13, 2018 – Bragar Eagel & Squire, P.C. is investigating potential claims against Yangtze River Port and Logistics Limited (NASDAQ: YRIV.) Our investigation concerns whether Yangtze has violated the federal securities laws and/or engaged in other unlawful business practices.

On December 6, 2018, Hindenburg Research published a report entitled “Yangtze River Port & Logistics: Total Zero.  On-the-Ground Research Shows Assets Appear to be Largely Fabricated.”  The Hindenburg report described Yangtze as “a scheme run by its Chairman & controlling shareholder to siphon money away from U.S. public markets.”  Among other allegations, the Hindenburg report asserted that Yangtze’s “only operating entity has been declared insolvent in China and is involved in multiple undisclosed legal proceedings” and, citing “government-sourced documents and interviews with local officials, we believe that at least 77% of the company’s reported assets are fabricated.”

On this news, Yangtze’s share price fell by more than 28%, closing at $8.28 per share on December 7, 2018.

If you purchased or otherwise acquired Yangtze shares 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

Join action?
YesNo


Call to provide more information: Tel: (212) 308-4648

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.