The complaint alleges that throughout the class period Wins made materially false and/or misleading statements regarding its business and prospects in order to artificially inflate the price of Wins securities. Among other allegations, it is alleged that Wins made materially false statements about maintaining a U.S. headquarters in order to gain inclusion on the Russell indices, and thus Wins was not in compliance with SEC regulations and failed to maintain adequate internal controls.
If you suffered a loss in Wins Finance Holdings you have until June 5, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.