NEW ORLEANS, Sept. 29, 2017 -- Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 16, 2017 to file lead plaintiff applications in a securities class action lawsuit against ZTO Express (Cayman), Inc. (NYSE:ZTO), if they purchased the Company’s American Depositary Shares (“ADSs”) pursuant to its October 27, 2016 initial public offering (“IPO”). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased ADSs of ZTO and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email ([email protected]), or visit http://ksfcounsel.com/cases/nyse-zto/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 16, 2017.
About the Lawsuit
ZTO and certain of its executives are charged with failing to disclose material information in its Registration Statement filed in connection with its IPO, violating federal securities laws.
On October 27, 2016, ZTO conducted its IPO having previously filed its Registration Statement with the SEC. However, ZTO failed to disclose adverse material facts in its Statement involving the Company’s use of its “network partner” businesses for low-margin shipping services, which businesses were not maintained on its books, and which caused ZTO’s profit margins to be inflated.
Since the IPO, the price of ZTO’s shares has fallen significantly.
About Kahn Swick & Foti, LLC
KSF, whose partners include the former Louisiana Attorney General Charles C. Foti, Jr., is a law firm focused on securities, antitrust and consumer class actions, along with merger & acquisition and breach of fiduciary litigation against publicly traded companies on behalf of shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
[email protected]
1-877-515-1850
206 Covington St.
Madisonville, LA 70447


TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave
Bill Ackman Eyes New Fund to Bet Against Market Complacency
FedEx Pilots and Union Reach Tentative Agreement on 40% Pay Increase
SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20
MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58%
Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses
China Vanke Seeks Bond Extension Amid Mounting Debt Crisis
Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs
Kia Cuts EV Sales Target for 2030 Amid Slowing Demand and U.S. Policy Shifts
Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push
Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization
Pony.ai, Uber, and Verne Launch Europe's First Commercial Robotaxi Service in Zagreb
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 



