You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may choose to do nothing and be an absent class member as well.
According to the Complaint, throughout the Class Period, Weibo made false and/or misleading statements and/or failed to disclose: that the Company lacks a requisite internet audio/video program transmission license; that Weibo was posting certain commentary programs with content in violation of Chinese government regulations on its site; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. When this news reached the public, shares of Weibo fell in value materially, which caused investors harm according to the Complaint.
Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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Contact:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlawpc.com
http://lundinlawpc.com/
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/important-shareholder-alert-lundin-law-pc-announces-securities-class-action-lawsuit-against-weibo-corporation-and-encourages-investors-with-losses-to-contact-the-firm-300482819.html
SOURCE Lundin Law PC