SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Youku Tudou, Inc. and a Lead Pl...
29 Abril 2015 - 4:56PM
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the Southern District of
New York on behalf of investors who purchased Youku Tudou, Inc.
("Youku" or the "Company") (NYSE:YOKU) securities between February
27, 2014 and March 19, 2015.
Click here to learn about the case:
http://docs.wongesq.com/YOKU-Info-Request-Form-699.
There is no cost or obligation to you.
The allegations in the complaint concern an alleged lack of
adequate internal controls over the Company's financial reporting,
including improper recording of certain nonmonetary transactions
and improperly recognized revenue for multi-element
arrangements.
On March 19, 2015, Youku reported a net loss of $51.3 million
for its fourth quarter, compared to $4 million in the same quarter
of 2013, and further disclosed that the SEC is investigating
certain aspects of the Company's past accounting practices.
If you suffered a loss in Youku you have until May 26, 2015 to
request that the Court appoint you as lead plaintiff. Your ability
to share in any recovery doesn't require that you serve as a lead
plaintiff. To obtain additional information, contact Vincent Wong,
Esq. either via email vw@wongesq.com, by telephone at 212.425.1140,
or visit
http://docs.wongesq.com/YOKU-Info-Request-Form-699.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. (NYSE:YOKU)
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