NEW YORK, NY / ACCESSWIRE / November 3, 2015 / The following statement is being issued by Levi & Korsinsky, LLP:
To: All Persons or Entities who purchased SORL Auto Parts, Inc. (NASDAQGS: SORL) stock prior to October 30, 2015.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the proposed sale of SORL Auto Parts to a consortium of insiders including its Chairman and Chief Executive Officer, Xiaoping Zhang, and directors Shuping Chi and Xiaofeng Zhang. The consortium owns an approximate 58.8% of the total outstanding common shares of SORL Auto Parts, and has offered to pay $2.84 in cash for each share it does not currently own. To learn more about the investigation and your rights, go to: http://zlk.9nl.com/sorl-auto-parts or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE: Levi & Korsinsky, LLP
