Investor Investigation of Qunar Cayman Islands Ltd (NASDAQ:QUNR) announced
An investigation for investors in NASDAQ:QUNR shares over potential securities laws violations by Qunar Cayman Islands was announced.
Investors who bought shares of Qunar Cayman Islands Ltd (NASDAQ:QUNR), have specific selections and should really speak to the Shareholders Foundation at [e-mail protected] or get in touch with +1(858) 779 – 1554.
The investigation by a law firm focuses on whether or not a series of statements by Qunar Cayman Islands concerning its business, its prospects and its operations have been materially false and misleading at the time they were produced.
On January 4, 2016, pre-market place, Qunar Cayman Islands Ltd announced changes to its management and board of directors, productive as of January 4, 2016. Qunar Cayman Islands Ltd said that Qunar Cayman Islands’ co-founder Chenchao “CC” Zhuang will no longer serve as Qunar’s director and chief executive officer, and Ms. Yilu Zhao will no longer serve as the organization’s chief monetary officer. Qunar Cayman Islands Ltd mentioned that Zhenyu Chen, Qunar’s Executive Vice President and Head of Mobile Business Group, has been appointed as Qunar’s chief executive officer Qiang Zhang, Qunar’s Executive Vice President and Head of Destination Solutions Company Group, will assume the part of its chief operating officer and Mr. Xiaolu Zhu, Qunar’s Senior Director of Technique and Investor Relations, has been appointed as Qunar’s chief financial officer.
Shares of Qunar Cayman Islands Ltd (NASDAQ:QUNR) declined from $55.92 per share on December 30, 2015 to as low as $36.27 per share on January 7, 2015.
On January 15, 2016, NASDAQ:QUNR shares closed at $44.69 per share.
Those who bought NASDAQ:QUNR shares have particular alternatives and really should speak to the Shareholders Foundation.
Get in touch with:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Telephone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]