Releases Letters to Skadden and Foley on Eros’s Financial Disclosures

New York, NY. today released copies of its letters to Skadden, Arps, Slate, Meagher & Flom LLP (“Skadden”) and Foley and Lardner LLP (“Foley”) concerning Eros International Plc.’s [NYSE Trading Symbol: EROS, $13.99] financial reporting controversy.

The letter to Skadden pertains to changes EROS has made to reports on Skadden’s role in its internal review. The letter to Foley replies to Grant Thornton India LLP’s comments on Eros’s multi-level “divided responsibility” audit and requests information on EROS’s reported United Arab Emirates (“UAE”) revenues.

A report titled “EROS: Suggested Investor Questions on UAE Financial Reporting” that includes a spreadsheet analysis of Eros’s professed UAE’s revenues is available by clicking here.

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