National Shareholder Rights Law Firm Glancy
Prongay & Murray LLP (“GPM”) announces that it has commenced an
investigation on behalf of GDS Holdings Limited (“GDS” or the “Company”)
(NASDAQ: GDS)
investors concerning the Company and its officers’ possible violations
of federal securities laws.
If you are a shareholder who suffered a loss, click here
to participate.
On July 31, 2018, Blue Orca Capital published a report alleging that
“GDS is borrowing crippling amounts of debt to enrich insiders by
acquiring data centers from undisclosed related parties which are not
nearly as valuable as the Company claims.” On this news, the Company’s
share price fell $12.92, or more than 37%, to close at $21.83 per share
on July 31, 2018, thereby injuring investors.
If you purchased GDS securities, have information or would like to learn
more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East,
Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at
888-773-9224, by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005868/en/