CHINA AUTO LOGISTICS INC. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP announces that a securities class action lawsuit has been filed in the United States District Court for the District of New Jersey against China Auto Logistics Inc.

World News: . []

NEW YORK, June 14, 2018 (GLOBE NEWSWIRE) --  announces that a class action lawsuit has been filed in the United States District Court for the District of New Jersey on behalf of all persons or entities who purchased or otherwise acquired securities of China Auto Logistics Inc. (NASDAQ:CALI) from March 28, 2017 through April 13, 2018, both dates inclusive (“Class Period”).

If you have incurred  losses in the shares of China Auto Logistics Inc. and would like to assist with the litigation process as a lead plaintiff, you may, , request that the Court appoint you lead plaintiff of the proposed class. Please contact to learn more about your rights as an investor in China Auto Logistics Inc.   

According to the filed complaint, throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that:

On April 2, 2018, China Auto Logistics Inc. reported that it was unable to timely file its Annual Report on Form 10-K for the period ending December 31, 2017 because it needed extra time to “They also identified a material weakness in its internal controls over “

On this news, shares of China Auto Logistics Inc.  fell over 19% to close at $2.79 on April 2, 2018.

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

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Contact:

Wolf Haldenstein Adler Freeman & Herz LLP Kevin Cooper, Esq.Gregory Stone, Director of Case and Financial AnalysisEmail: ,  or Tel: (800) 575-0735 or (212) 545-4774

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Globe Newswire: 22:25 GMT Thursday 14th June 2018

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