BENSALEM, Pa.–(BUSINESS WIRE)–$HEBT #fraud–Law Offices of Howard G. Smith announces an investigation on behalf of Hebron Technology Co., Ltd. (“Hebron” or the “Company”) (NASDAQ: HEBT) investors concerning the Company and its officers’ possible violations of federal securities laws.
On June 3, 2020, Grizzly Research presented a report alleging that Hebron is an “insider enrichment scheme without economic basis,” citing questionable transactions including an undisclosed related party transaction for nearly $26 million.
On this news, the Company’s stock price fell as much as $7.29, or 33%, during intraday trading on June 3, 2020.
If you purchased Hebron securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com.
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Law Offices of Howard G. Smith
Howard G. Smith, Esquire