Thieler Law Corp Announces Investigation of Qunar Cayman Island Limited

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Qunar Cayman Island Limited (NASDAQ: QUNR) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Qunar Cayman Island Limited (NASDAQ: QUNR)  concerning whether a series of statements by Qunar Cayman Island Limited regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On January 4, 2016, Qunar Cayman Island Limited stated that the company was making changes to its management and board of directors. The company's Executive Vice President and Head of Mobile Business Group, Zhenyu Chen will be replacing Chenchao Zhuang as CEO. Qunar Cayman Island Limited's Senior Director of Strategy and Investor Relations, Xiaolu Zhu will be replacing Yilu Zhao as CFO and Executive Vice President and Head of Destination Services Business Group, Qiang Zhang will be serving the role of COO. The management and board of directors' changes became effective as of January 4, 2016.

On this news, Qunar Cayman Island Limited stock has fallen as much as $8.57, or 16.25%, to $44.17 during intra-day trading on January 4, 2016.

Based in Beijing, China, and founded in 2005 Qunar Cayman Island Limited provides online travel commerce platform in China.

If you purchased shares of Qunar Cayman Island Limited (NASDAQ: QUNR) on or before January 4, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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