Equity alert: rosen law firm announces investigation of securities claims against cheetah mobile inc. - cmcm

New york--(business wire)--rosen law firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of cheetah mobile inc. (nyse: cmcm) resulting from allegations that cheetah mobile may have issued materially misleading business information to the investing public. on october 26, 2017, prescience point research group published a report asserting, among other things, that approximately 55% of cheetah mobile’s reported consolidated revenue does not exist. on this news, shares of cheetah fell $0.37 per share or over 4% to close at $8.05 per share on october 26, 2017. rosen law firm is investigating a class action lawsuit against cheetah mobile to recover losses suffered by cheetah investors. if you purchased shares of cheetah mobile, please visit the firm’s website at http://www.rosenlegal.com/cases-1224.html for more information. you may also contact phillip kim or kevin chan of rosen law firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com. follow us for updates on linkedin: https://www.linkedin.com/company/the-rosen-law-firm or on twitter: https://twitter.com/rosen_firm. rosen law firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. since 2014, rosen law firm has been ranked #2 in the nation by institutional shareholder services for the number of securities class action settlements annually obtained for investors. attorney advertising. prior results do not guarantee a similar outcome.
CMCM Ratings Summary
CMCM Quant Ranking