INVESTOR ALERT: Rosen Law Firm Reminds NQ Mobile, Inc. Investors of Important Deadline in Class Action Filed by the Firm -- NQ
November 06 2013 - 4:33PM
Marketwired
INVESTOR ALERT: Rosen Law Firm Reminds NQ Mobile, Inc. Investors of
Important Deadline in Class Action Filed by the Firm -- NQ
NEW YORK, NY--(Marketwired - Nov 6, 2013) - The Rosen Law Firm
reminds investors of NQ Mobile, Inc. (NYSE: NQ) who purchased NQ
common stock, call options or sold put options, during the period
between May 5, 2011 and October 24, 2013, of the important December
27, 2013 lead plaintiff deadline in the class action filed by the
firm.
To join the NQ class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq. or Yu Shi, Esq.
toll-free, at 866-767-3653; you may also email pkim@rosenlegal.com
or yshi@rosenlegal.com for information on the class
action. The lawsuit filed by the firm is pending in the U.S.
District Court for the Southern District of New York.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN
AN ABSENT CLASS MEMBER.
The lawsuit asserts violations of the federal securities laws
against NQ, its officers and directors, and certain underwriters
for issuing false and misleading statements about the Company's
financial condition. On October 24, 2013, Muddy Waters
Research issued a report asserting that NQ has greatly exaggerated
its true financial performance. The report states, among
others things, that at least 72% of NQ's purported China security
revenue is fictitious; NQ's largest customer is actually itself;
and NQ's actual market share in China is approximately 1.5% as
opposed to 55% as the company claims. In addition, the report
also questions the veracity of NQ's cash balance, its reported
international revenue and its financial statements filed with the
State Administration for Industry & Commerce of the People's
Republic of China and U.S. Securities and Exchange Commission.
If you wish to serve as lead plaintiff, you must move the Court
no later than December 27, 2013. A lead plaintiff is a
representative party acting on behalf of other class members in
directing the litigation. If you wish to join the litigation,
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. of The Rosen Law Firm, toll-free,
at 866-767-3653, or via e-mail at pkim@rosenlegal.com. You may
also visit the firm's website at http://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. Yu Shi,
Esq. The Rosen Law Firm P.A. 275 Madison Avenue, 34th Floor New
York, New York 10016 Tel: (212) 686-1060 Toll Free: 1-866--767-3653
Fax: (212) 202-3827 Email Contact Email Contact Email Contact
www.rosenlegal.com
Nuveen New York Investment Quality Municipal Fund, Inc. (NYSE:NQN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Nuveen New York Investment Quality Municipal Fund, Inc. (NYSE:NQN)
Historical Stock Chart
From Sep 2023 to Sep 2024