SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Kandi Technologies Group, Inc. (KNDI)

NEW YORK, March 14, 2017 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Kandi Technologies Group, Inc. ("Kandi" or the "Company") (NASDAQ: KNDI). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/kndi.

The investigation concerns whether Kandi and certain of its officers and/or directors have issued materially misleading business information to the investing public.

On March 13, 2017, after-market hours, Kandi revealed that it will restate "the Company's previously issued financial statements for the years ended December 31, 2015 and 2014, and the first three quarters for the year ended December 31, 2016" and that former statements should no longer be relied upon. Following this news, Kandi stock dropped during intraday trading on March 14, 2017.

If you are aware of any facts relating to this investigation, or purchased shares of Kandi, you can assist this investigation by visiting the firm's site: www.bgandg.com/kndi. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

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SOURCE Bronstein, Gewirtz & Grossman, LLC