NEW YORK, Nov. 30, 2015 /PRNewswire-USNewswire/ -- The
following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who purchased or otherwise
acquired American Depositary Shares of SouFun Holdings Ltd.
("SouFun Holdings") (NYSE: SFUN) between May 20, 2015 and October
27,
2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the USDC for the Southern District of
California. If you purchased or
otherwise acquired SouFun Holdings ADSs between May 20, 2015 and October
27, 2015, your rights may be affected by this action. To get
more information go to:
http://zlk.9nl.com/soufun-holdings
or contact Joseph E. Levi, Esq.
either via email at jlevi@zlk.com or by telephone at (212)
363-7500, toll-free: (877) 363-5972. There is no cost or
obligation to you.
The complaint alleges that throughout the Class Period,
Defendants issued materially false and misleading statements to
investors and/or failed to disclose that: (1) SouFun Holdings
employees routinely created "fake contracts"; (2) Defendants were
aware that SouFun employees routinely created "fake contracts"; and
(3) as a result, the Company's public statements were materially
false and misleading and/or lacked a reasonable basis at all
relevant times.
If you suffered a loss in SouFun Holdings you have until
December 29, 2015 to request that
the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn't require that you serve as a lead
plaintiff.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP