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IRS IRSA Inversiones and Representaciones SA

11.43
0.50 (4.57%)
After Hours
Last Updated: 21:00:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
IRSA Inversiones and Representaciones SA NYSE:IRS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 4.57% 11.43 11.5799 10.97 10.97 207,318 21:00:50

IMPORTANT INVESTOR NOTICE: Khang & Khang LLP Announces an Ongoing Investigation of Claims against IRSA Inversiones y Represen...

18/04/2016 10:23pm

Business Wire


IRSA Inversiones and Rep... (NYSE:IRS)
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Khang & Khang LLP announces that it is investigating claims of potential misrepresentations by IRSA Inversiones y Representaciones S.A. (“IRSA” or the “Company”) (NYSE: IRS). The investigation focuses on whether the Company and its officers violated securities laws by issuing misleading information to investors.

If you purchased shares of IRSA during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

There has been no class certification in this case. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member.

The investigation will focus on whether the company failed to disclose that IRSA’s subsidiary, Netherlands B.V. (“Dolphin”), does not adequately qualify as a Venture Capital Organization, and therefore, IDB Development Corporation Limited’s (“IDBD”) $6.7 billion net debt should be consolidated with IRSA’s financial statements.

If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by email at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

KHANG & KHANG LLPJoon M. Khang, Esq.Telephone: 949-419-3834Facsimile: 949-225-4474joon@khanglaw.com

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