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INVESTOR ALERT: Khang & Khang LLP Announces an Investigation of Platinum Pari-Mutuel Holdings Inc. and Encourages Investors with Losses to Contact the Firm

2017-04-10 17:49 ET - News Release


IRVINE, Calif. -- (Business Wire)

Khang & Khang LLP (the “Firm”) announces that it is investigating claims against Platinum Pari-Mutuel Holdings Inc. (“Platinum” or the “Company”) (Other OTC PINK: PPMH) concerning possible violations of federal securities laws.

If you purchased shares of Platinum and want more information, please contact Joon M. Khang, Esquire, of Khang & Khang, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

The investigation focuses on claims that Platinum and certain of its officers and/or directors violated federal securities laws by making materially false and/or misleading statements and/or failing to disclose that: Platinum's press releases and financial information lacked veracity; that the Company's disclosure controls and procedures were inadequate; and that as a result of the above, Platinum's public statements were materially false and misleading at all relevant times. On February 16, 2017, the Securities and Exchange Commission prevented Platinum from trading due to questions regarding the accuracy of its press releases and the financial information Platinum offered the public. The SEC clarified that these questions concern the valuation of recent corporate acquisitions and forecasts for future revenues.

If you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.

This press release may constitute Attorney Advertising in some jurisdictions.

Contacts:

Khang & Khang LLP
Joon M. Khang, Esq.
Telephone: 949-419-3834
Facsimile: 949-225-4474
joon@khanglaw.com

Source: Khang & Khang LLP

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