Cresud C I F y A : Goldberg Law PC Announces an Investigation of Claims Against Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria and Encourages Shareholders to Contact the Firm
December 03, 2015 at 03:00 pm EST
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Goldberg
Law PC (http://www.Goldberglawpc.com)
announces that it is investigating claims of potential
misrepresentations by Cresud Sociedad Anónima Comercial, Inmobiliaria,
Financiera y Agropecuaria (“Cresud Sociedad” or the “Company”)
(NASDAQ: CRESY).
The investigation focuses on whether the Company and its officers
violated securities laws by issuing misleading information to investors.
If you purchased or otherwise acquired Cresud Sociedad shares and would
like more information regarding the investigation, we advise you to
contact Michael Goldberg
or Brian Schall, of
Goldberg Law PC, 13650 Marina Pointe Dr. Suite 1404, Marina Del Rey, CA
90292, at 800-977-7401, to discuss your rights without cost to you. You
can also reach us through the firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The investigation concerns whether the Company violated the Securities
Exchange Act of 1934. Specifically, the investigation will focus on the
Company’s 64% ownership of IRSA Inversiones y Representaciones S.A, and
Spruce Point Capital Management’s report alleging IRSA may have violated
a debt covenant. In addition, the report claims that certain related
part transactions had not been fully disclosed.
If you have any questions concerning your legal rights in this case,
please immediately contact Goldberg Law PC at 800-977-7401, or visit our
website at http://www.Goldberglawpc.com,
or email us at info@goldberglawpc.com.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151203006223/en/
Cresud SACIF y A is an Argentina-based company engaged mainly in telecommunications sector. Through its subsidiaries, it operates two segments: Agricultural Business and Urban Properties and Investment Business, which is divided into: Operations Center Argentina and Operations Center Israel. Agricultural Business focuses on acquiring, developing and exploiting agricultural properties. It is involved in farming activities, cattle raising, leasing land to third parties and perform agency and agro-industrial services, including a meat packing plant. Operations Center Argentina is engaged in the development, acquisition and operation of shopping malls, offices and hotels, among others, in Argentina, and owns selective investments outside Argentina. Operations Center Israel includes real estate activities in Israel and abroad, supermarket chain management and telecommunications services, both locally, as well as is engaged in the insurance, pension and provident funds, among others.
Cresud C I F y A : Goldberg Law PC Announces an Investigation of Claims Against Cresud Sociedad Anónima Comercial, Inmobiliaria, Financiera y Agropecuaria and Encourages Shareholders to Contact the Firm