Good future will be investigated by American law firm to assess whether it violates US Securities Law.


Good future will be investigated by American law firm to assess whether it violates US Securities Law.

Sina Technology News Beijing time in the late June 14th news, American law firm Bronstein, Gewirtz & Grossman, LLC announced today, has represented a good future (NYSE:XRS) investors to investigate the good future.

The main content of the survey is to assess whether the future and its specific Executives / directors are in breach of the Federal Securities Act.

Muddy Waters released a report last night that a good future was fraudulent in its earnings, and even though a good future business was real, its earnings were fraudulently exaggerated from at least 2016 in fiscal year. As a result, the stock price has fallen sharply in the future.

Good future today responded that there are a lot of mistakes, unfounded speculation and malicious interpretation in the muddy water report. The board and the audit committee will assess the allegations and consider appropriate measures to protect the interests of shareholders. (Li Ming)


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