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Shareholder Alert: Robbins Arroyo LLP is Investigating Wanda Sports Group Co. Ltd. (WSG)

October 11, 2019 GMT

SAN DIEGO & BEIJING--(BUSINESS WIRE)--Oct 11, 2019--

Shareholder rights law firm Robbins Arroyo LLP informs shareholders that it is investigating Wanda Sports Group Co. Ltd. (NASDAQ: WSG) for potential violations of federal securities laws pursuant to its July 2019 initial public offering (“IPO”). Wanda Sports Group completed its IPO on July 26, 2019, offering 23.8 million American Depositary Shares (“ADSs”) at $8.00 per ADS and raising more than $190 million in net proceeds. Since its IPO, Wanda Sports Group’s CEO resigned and the Company reported poor financial results for second quarter of 2019, including a 30% year-over-year decrease in total revenue. Wanda Sports Group’s ADSs currently trade at around $3.90, representing a 51% decline from its IPO price. Wanda Sports Group operates as a sports events, media, and marketing platform worldwide.

If you suffered a loss as a result of Wanda Sports Group’s misconduct, click here.

Wanda Sports Group Co. Ltd. (WSG) Shareholders Have Legal Options

Contact us to learn more:
Leo Kandinov
(800) 350-6003
LKandinov@robbinsarroyo.com
Shareholder Information Form

Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. Click here to receive free alerts from Stock Watch when companies engage in wrongdoing.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20191011005523/en/

CONTACT: Leo Kandinov

Robbins Arroyo LLP

5040 Shoreham Place

San Diego, CA 92122

LKandinov@robbinsarroyo.com

(619) 525-3990 or Toll Free (800) 350-6003

www.robbinsarroyo.com

KEYWORD: UNITED STATES NORTH AMERICA ASIA PACIFIC CHINA CALIFORNIA

INDUSTRY KEYWORD: LEGAL PROFESSIONAL SERVICES

SOURCE: Robbins Arroyo LLP

Copyright Business Wire 2019.

PUB: 10/11/2019 02:57 PM/DISC: 10/11/2019 02:57 PM

http://www.businesswire.com/news/home/20191011005523/en