On March 5, 2018, Yangtze River Port and Logistics Limited (the “Company”) (NASDAQ: YRIV) filed a complaint with the Financial Industry Regulatory Authority (“FINRA”) to report certain abusive trading practices
NEW YORK, NY - Since its listing on the Nasdaq Capital Market on April 19, 2017 through its transition to the NASDAQ Global Select Market and presently, the Company has noticed a pattern of unusual trading practices and activity. The Company believes that it is subject to illegal short-selling and market price manipulation and has reported the same to FINRA. Additionally, the Company has implemented certain steps and is considering other appropriate measures to counter such illegal activities.
