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ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Continues to Investigate Securities Claims Against Wanda Sports Group Company Limited - WSG

November 15, 2019 GMT
Rosen Law Firm, P.A. Logo
Rosen Law Firm, P.A. Logo

NEW YORK, Nov. 15, 2019 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Wanda Sports Group Company Limited (NASDAQ: WSG) resulting from allegations that Wanda Sports may have issued materially misleading business information to the investing public.

On July 26, 2019, Wanda Sports conducted its IPO, selling approximately 24 million American Depositary Shares (“ADSs”) at $8.00 per ADS, raising more than $190 million. Since the IPO, Wanda Sports reported a 30% decrease in year-over-year revenue for the second quarter of 2019 and announced an expected decrease in year-over-year revenue for fiscal year 2019. The Company’s Board and management has also changed substantially since the IPO in late July. Wanda Sports’s securities have consistently traded well below the IPO price, damaging investors.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Wanda Sports Group investors. If you purchased shares of Wanda Sports Group please visit the firm’s website at http://www.rosenlegal.com/cases-register-1695.html to join the class action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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SOURCE Rosen Law Firm, P.A.