SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ZTE Corporation - ZTCOF

NEW YORK, Oct. 9, 2018

The investigation concerns whether ZTE and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here to join a class action]

On October 4, 2018, Bloomberg reported that Chinese spies had placed computer chips inside equipment used by some 30 companies and multiple U.S. government agencies.  Following this news, ZTE's stock price fell $0.19 per share, or 10.56%, to close at $1.61 on October 5, 2018.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 9980