Energy News / Shareholders Foundation, Inc.

NYSE:EROS Investor Notice: Deadline on August 20, 2019 in Lawsuit Against Eros International Plc

Via: ReleaseWire

Updated 11:00 AM CDT, Tue, August 20,2019

A Deadline is coming up on August 20, 2019 in the lawsuit for certain investors in Eros International Plc (NYSE: EROS) and NYSE: EROS stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 08/20/2019 -- A deadline is coming up on August 20, 2019 in the lawsuit filed for certain investors in NYSE: EROS shares over alleged securities laws violations by Eros International Plc (NYSE: EROS).

Investors who purchased shares of Eros International Plc (NYSE: EROS) have certain options and there are strict and short deadlines running. Deadline: August 20, 2019. NYSE: EROS stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The plaintiff alleges on behalf of purchasers of Eros International Plc (NYSE: EROS) common shares between July 28, 2017 and June 5, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between July 28, 2017 and June 5, 2019, the defendants Period made false and/or misleading statements and/or failed to disclose that Eros and its executives engaged in a scheme to use related-party transactions to fabricate receivables that they reported in Eros's public financial disclosures, that because of this scheme, Eros's financial position was weaker than what the Company disclosed, that consequently, the Company's Indian subsidiary, Eros International Media Ltd, missed loan payments and had its credit downgraded, and that due to the foregoing, defendants' statements about Eros's receivables, business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

Those who purchased shares of Eros International Plc (NYSE: EROS) 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/nyseeros-investor-notice-deadline-on-august-20-2019-in-lawsuit-against-eros-international-plc-1256731.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com