SAN DIEGO, March 12, 2021 /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, LLP is investigating potential violations of the federal securities laws by Tencent Holdings Limited ("Tencent" or the "Company") (OTC: TCEHY).
On March 12, 2021, several news outlets reported China's Antitrust Regulator had imposed fines on Tencent and some of the Country's other big tech companies for violating anti-monopoly laws. The focus on Tencent was related to its investment in online tutoring start-up, Yuanfudao, in 2018.
Following this news, Tencent's stock price fell 7.52% on March 12, 2021.
If you have information that could assist in this investigation, including past employees and others, or if you are a Tencent shareholder and are interested in learning more about the investigation, please contact Jim Baker (jimb@johnsonfistel.com) by email or phone at 619-814-4471. If emailing, please include a phone number.
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About Johnson Fistel, LLP:
Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.
Contact:
Johnson Fistel, LLP
Jim Baker, 619-814-4471
jimb@johnsonfistel.com
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SOURCE Johnson Fistel, LLP
