We believe that since becoming a public Company, GDS has borrowed recklessly to siphon off at least $696 Million to insiders by inflating the purchase price of undisclosed related party acquisitions.” Further, the report stated that Blue Orca had uncovered evidence of “unrelated data center operators selling a substantial amount of empty cabinet space in a building which is supposedly exclusively operated and 94% utilized by GDS.”
Then, the price of GDS Holdings shares plummeted. Peiffer Wolf Carr Kane & Conway’s investigation is focusing on whether GDS Holdings and/or its officers and directors violated state or federal securities laws.
If you are a GDS Holdings shareholder and have suffered losses, please Contact the Securities Attorney of Peiffer Wolf Carr & Kane for a FREE Consultation by filling out a Contact Form or by calling 585-310-5410.
If you believe you were a victim of investment fraud or broker misconduct, it is imperative to take action.Peiffer Wolf Carr Kane & Conway has represented thousands of victims, and we remain committed to fighting on behalf of investors.
“Week of Reckoning” Arrives Fo...30 June, 2020 No comment
If you believe you were a victim of predatory lending, investment fraud, or broker misconduct, it is imperative to take action. Peiffer Wolf Carr Kane & Conway has represented thousands of victims, and we remain committed to fighting on behalf of investors.