Rosen Law Firm Reminds MOL Global, Inc. Investors of Important January 23, 2015 Class Action Deadline -- MOLG
2015年1月13日 - 5:09AM
Rosen Law Firm reminds purchasers of MOL Global, Inc. securities
(Nasdaq:MOLG) during the period from October 9, 2014 through
November 20, 2014 of the important January 23, 2015, lead plaintiff
deadline in the class action.
To join the MOL Global class action, go to the website
http://www.rosenlegal.com/cases-445.html or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
The Complaint alleges that Defendants misled MOLG investors by
misrepresenting or concealing that: (1) MOLG was overstating its
revenue and profit; (2) MOLG's business model could not sustain the
growth trends touted to investors; and (3) MOLG would not be able
to report its third quarter 2014 financial results on November 21,
2014, as previously stated.
On October 9, 2014, MOL Global sold 13.5 million shares in its
initial public offering (the "IPO"). On November 20, 2014, less
than two months later, MOL Global announced it would delay release
of its third quarter 2014 financial results and also that its Chief
Financial Officer, Allan Wong, had resigned.
On November 21, 2014, Deutsche Bank warned investors about
shares in MOLG, saying MOL's recent announcement was "potentially
ominous."
On this news, MOLG's share price dropped $4.77/share, or more
than 50%, on November 21, 2014. MOLG's share price has declined
more than 60% since its IPO on October 9, 2014.
If you wish to join the class action at no cost, go
to http://www.rosenlegal.com/cases-445.html or to discuss your
rights or interests regarding this class action, please contact,
Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll
free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
jhorne@rosenlegal.com
www.rosenlegal.com
MOL GLOBAL, INC. (NASDAQ:MOLG)
過去 株価チャート
から 10 2024 まで 11 2024
MOL GLOBAL, INC. (NASDAQ:MOLG)
過去 株価チャート
から 11 2023 まで 11 2024