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NASDAQ:FANH Long Term Shareholder Notice: Investigation of Potential Wrongdoing at Fanhua Inc.

Via: ReleaseWire

Updated 12:00 PM CST, Wed, December 05,2018

An investigation on behalf of current long term investors in Fanhua Inc. (NASDAQ: FANH) shares over possible breaches of fiduciary duty by certain officers and directors was announced

San Diego, CA -- (SBWIRE) -- 12/05/2018 -- Certain directors of Fanhua Inc are under investigation concerning potential breaches of fiduciary duties.

Investors who are current long term investors in Fanhua Inc. (NASDAQ: FANH) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NASDAQ: FANH stocks follows a lawsuit filed recently against Fanhua Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NASDAQ: FANH stocks, concerns whether certain Fanhua directors are liable in connection with the allegations made in that lawsuit.

The plaintiff alleges that the Defendants made false and/or misleading statements and/or failed to disclose that Fanhua engaged in improper business practices, including irregular accounting, that the foregoing practices were intended to benefit Company insiders and overstated Fanhua's financial assets and performance metrics, and that as a result, Fanhua's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Fanhua Inc. (NASDAQ: FANH) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqfanh-long-term-shareholder-notice-investigation-of-potential-wrongdoing-at-fanhua-inc-1098189.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com