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ZTO ZTO Express Cayman Inc

21.48
-0.14 (-0.65%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
ZTO Express Cayman Inc NYSE:ZTO NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.14 -0.65% 21.48 21.705 21.275 21.63 5,354,066 01:00:00

ZTO EXPRESS SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in ...

23/09/2017 3:50am

Business Wire


ZTO Express Cayman (NYSE:ZTO)
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From May 2019 to May 2024

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ClaimsFiler, a FREE shareholder information service, reminds investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against ZTO Express (Cayman), Inc. (NYSE: ZTO), if they purchased the Company’s American Depositary Shares (“ADSs”) pursuant to its October 27, 2016 initial public offering (“IPO”). This action is pending in the United States District Court for the Southern District of New York.

Get Help

ZTO Express investors should visit us at https://www.claimsfiler.com/cases/new-york-se-zto or call to speak to our claim center toll-free at (844) 367-9658.

About the Lawsuit

ZTO and certain of its executives are charged with failing to disclose material information in its Registration Statement filed in connection with its IPO, violating federal securities laws.

On October 27, 2016, ZTO conducted its IPO having previously filed its Registration Statement with the SEC. However, ZTO failed to disclose adverse material facts in its Statement involving the Company’s use of its “network partner” businesses for low-margin shipping services, which businesses were not maintained on its books, and which caused ZTO’s profit margins to be inflated.

Since the IPO, the price of ZTO’s shares has fallen significantly.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. ClaimsFiler's team of experts monitor the securities class action landscape and cull information from a variety of sources to ensure comprehensive coverage across a broad range of financial instruments.

To learn more about ClaimsFiler, visit www.claimsfiler.com.

ClaimsFilerJerry Gallo, 844-367-9658https://www.claimsfiler.com

1 Year ZTO Express Cayman Chart

1 Year ZTO Express Cayman Chart

1 Month ZTO Express Cayman Chart

1 Month ZTO Express Cayman Chart

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