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Stock impact report

NEW INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against China Auto Logistics Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact th...

CHINA AUTO LOGISTICS INC (CALI) 
US:NASDAQ Investor Relations: chinaautologisticsinc.com/ir-contacts.php
Company Research Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of China Auto Logistics Inc. ("China Auto Logistics" or the "Company") (Nasdaq: CALI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. On April 2, 2018, China Auto Logistics declared that it was unable to file its Annual Report on Form 10-K for the period ended December 31, 2017 in a timely manner, because it required additional time to “identify certain related party transactions and the impact of such transactions for the preparation of the financial statements for the Fo Show less Read more
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