NEW YORK, Aug. 31, 2017 -- The Klein Law Firm announces that a securities complaint has been filed on behalf of shareholders of ZTO Express (Cayman), Inc. (NYSE:ZTO) who purchased shares pursuant and/or traceable to the Company’s Stock Offering on or about October 27, 2016.
The complaint alleges that the Registration Statement used to conduct the IPO contained inaccurate statements and omitted material information. In particular, the complaint alleges that ZTO Express failed to disclose that: (1) it was improperly inflating its stated profit margins by keeping certain low-margin segments of its business out of its financial statements; (2) it used a system of “network partners” to handle lower-margin pickup and delivery services, while maintaining ownership of core hub operations; and (3) by keeping the “network partners” businesses off its own books, the Company allegedly was able to exaggerate its profit margins to investors.
If you suffered a loss in ZTO Express you have until October 16, 2017 to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
If you suffered a loss in ZTO Express and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sbm/zto-express-cayman-inc.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Joseph Klein, Esq. Empire State Building 350 Fifth Avenue 59th Floor New York, NY 10118 Telephone: (212) 616-4899 Fax: (347) 558-9665 www.kleinstocklaw.com


Boeing Signals Progress on Delayed 777X Program With Planned April First Flight
CK Hutchison Unit Launches Arbitration Against Panama Over Port Concessions Ruling
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile
Ford and Geely Explore Strategic Manufacturing Partnership in Europe
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 



