ATLANTA, GA – – (September 13, 2018) – – Holzer & Holzer, LLC announces that a class action lawsuit has been filed on behalf of investors who purchased Fanhua Inc. (“Fanhua” or the “Company”) (NASDAQ: FANH) securities between April 20, 2018 and August 27, 2018. The complaint alleges that Fanhua made false and misleading statements and failed to disclose that (1) Fanhua engaged in improper business practices, including irregular accounting and that (2) the foregoing practices were intended to benefit company insiders and overstated the Company’s financial assets and performance metrics. If you purchased Fanhua shares between April 20, 2018 and August 27, 2018 and suffered losses on that investment, you are encouraged to contact Corey D. Holzer, Esq. at cholzer@holzerlaw.com or Marshall P. Dees, Esq. at mdees@holzerlaw.com, call the firm by toll-free telephone at (888) 508-6832, or visit the firm’s website at www.holzerlaw.com to receive additional information about your legal rights. The case is pending in the United States District Court for the Southern District of New York and the deadline to move for appointment as lead plaintiff is November 6, 2018.

Provide Your Information To Take Action

  • Plaintiff Certifies That:
    1. Plaintiff has reviewed the complaint and authorized its filing.
    2. Plaintiff did not acquire the security that is the subject of this action at the direction of plaintiff's counsel or in order to participate in this private action or any other litigation under the federal securities laws.
    3. Plaintiff is willing to serve as a representative party on behalf of a class, including providing testimony at deposition and trial, if necessary.
    4. Plaintiff represents and warrants that he/she/it is fully authorized to enter into and execute this certification.
    5. Plaintiff will not accept any payment for serving as a representative party on behalf of a class beyond the Plaintiff's pro rata share of any recovery, except such reasonable costs and expenses (including lost wages) directly relating to the representation of the class as ordered or approved by the court.
    6. Plaintiff has made no transaction(s) during the Class Period in the debt or equity securities that are the subject of this action except those set forth below:
  • Date PurchasedNumber of Shares AcquiredAcquisition Price Per Share 
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  • Date SoldNumber of Shares SoldSelling Price Per Share 
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  • Signed pursuant to the Uniform Electronic Transactions act as adopted by the various states and territories of the United States.
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