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Fang Holdings Limited Class Action Lawsuit Investigation

Fang Holdings Limited Class Action Investigation

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Kehoe Law Firm, P.C. is investigating potential claims on behalf of purchasers of Fang Holdings Limited (NYSE: SFUN) securities concerning whether Fang Holdings and certain of its officers or directors may have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On March 29, 2017, Bloomberg News reported that Beijing City’s housing commission canceled the brokerage license of a unit of Fang Holdings, “because the unit posted fake online information for property sales, the commission says in statement.”  Fang Holding’s American depositary shares (ADS) are listed and trade on the New York Stock Exchange and closed down $0.06, or 2.17%, on March 29, 2017 following this news.

If you purchased or otherwise acquired Fang Holdings securities or would like to speak privately with a securities attorney to contribute to or learn more about the investigation, please complete the form to the right or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected]; John Kehoe, Esq., (215) 792-6676, Ext. 801, [email protected]; or send an e-mail to [email protected].

Kehoe Law Firm, P.C. is a multidisciplinary, plaintiff–side law firm dedicated to protecting investors and consumers from corporate fraud, negligence, and other wrongdoing. Driven by a strong and principled sense of social responsibility and obtaining justice for the aggrieved, Kehoe Law Firm, P.C. represents plaintiffs seeking to recover investment losses resulting from securities fraud, breaches of fiduciary duty, corporate wrongdoing or malfeasance, those harmed by anticompetitive practices, and consumers victimized by fraud, false claims, deception or data breaches.  Together, the partners of the Kehoe Law Firm, P.C. have spent more than 30 years prosecuting precedent-setting securities and financial fraud cases in federal and state courts on behalf of institutional and individual clients.