NYSE:CMCM Shareholder Notice: Investigation of Potential Violations of Securities Laws by Cheetah Mobile Inc

By , in PR PR California on .

San Diego, CA — 11/07/2017 — Cheetah Mobile Inc is under investigation over possible wrongdoing. The investigation was announced for investors in NYSE:CMCM shares in connection with certain financial statements made by Cheetah Mobile Inc.

Investors who purchased shares of Cheetah Mobile Inc (ADR) (NYSE:CMCM) should contact the Shareholders Foundation at [email protected] or call 858-779-1554.

The investigation by a law firm focuses on whether certain statements by Cheetah Mobile Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 26, 2017, Prescience Point Research Group published a report asserting, among other things, that approximately 55% of Cheetah Mobile Inc's reported consolidated revenue does not exist

Those who purchased shares of Cheetah Mobile Inc (ADR) (NYSE:CMCM) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

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Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
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