NEW YORK, June 14, 2019 (GLOBE NEWSWIRE) — Levi & Korsinsky reminds investors that it has commenced an investigation of Eros International Plc (“Eros” or “the Company”) (NYSE: EROS) concerning possible violations of federal securities laws.
On June 6, 2019, rating company CARE cut the creditworthiness of an Eros International Plc subsidiary, entertainment firm Eros International Media (EIML), citing delays or likely defaults in serving debt availed from banks. On this news, Eros’ stock plummeted from a close of $7.30 on June 5, 2019, to a close of $3.71 on June 6, 2019, or 49.18%. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, 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.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
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New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171