Investor alert: kirby mcinerney llp announces an investigation of shareholder claims against cheetah mobile, inc.

New york--(business wire)--the law firm of kirby mcinerney llp is investigating potential claims against cheetah mobile, inc. (“cheetah mobile” or the “company”) (nyse:cmcm). this investigation concerns whether cheetah mobile has violated federal securities laws and/or engaged in other unlawful business practices. on november 26, 2018, buzzfeed news issued a report claiming that a third-party investigation had identified seven apps owned by cheetah mobile that were exploiting user permissions to fraudulently generate revenue. on this news, the price of cheetah mobile shares fell by $3.32, or approximately 37%, over the next two trading days, to close at $5.48 on november 27, 2018. if you acquired cheetah mobile securities, have information, or would like to learn more about these claims, please contact thomas w. elrod of kirby mcinerney llp at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you. kirby mcinerney llp is a new york-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. the firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. additional information about the firm can be found at kirby mcinerney llp’s website: www.kmllp.com. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
CMCM Ratings Summary
CMCM Quant Ranking