LEAD PLAINTIFF DEADLINE IS AUGUST 12, 2019

NEW YORK, June 18, 2019 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP  announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors that purchased the American Depositary Receipts (“ADR’s”) of ChinaCache International Holdings Ltd. (“ChinaCache”) (NASDAQ: CCIH) between April 10, 2015 and May 17, 2019 (the “Class Period”), inclusive.

Investors who purchased the ADR’s of ChinaCache International Holdings Ltd. are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action on our website www.whafh.com.

If you have incurred losses in the ADR’s of ChinaCache International Holdings Ltd., you may, no later than August 12, 2019, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in ChinaCache International Holdings Ltd.

The filed complaint alleges that on April 29, 2019, ChinaCache filed a Form NT 20-F with the United States Securities and Exchange Commission (“SEC”) revealing that it would delay filing its annual report for fiscal year 2018.  On May 17, 2019, ChinaCache  announced that the Company and its Chief Executive Officer and Chairman of the Board of Directors (“Chairman”), Song Wang (“Wang”), were under criminal  investigation by a government prosecutor office in Beijing for charges of  enterprise bribery.  Wang resigned as CEO and Chairman, and on that same day, and ChinaCache securities were halted from trading on the NASDAQ.

Further, on May 23, 2019, ChinaCache said that it received a NASDAQ Notification Letter on May 20, 2019 because it had failed NASDAQ listing requirements by delaying its 2018 Form NT 20-F (the “NASDAQ Letter”).  The NASDAQ Letter also highlighted the resignation of its auditor, Grant Thornton China, ChinaCache’s engagement of its new auditor  and the allegations of enterprise bribery by ChinaCache and Wang.  

ChinaCache securities remain halted from NASDAQ trading.

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Wolf Haldenstein Adler Freeman & Herz LLP  has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at   www.whafh.com.

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP
Kevin Cooper, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, kcooper@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774

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