Energy News / Shareholders Foundation, Inc.

NASDAQ:GSUM Shareholder Notice: Lawsuit Alleges Securities Laws Violations by Gridsum Holding Inc

Via: ReleaseWire

Updated 11:45 AM CDT, Mon, May 07,2018

A lawsuit was filed on behalf of investors in Gridsum Holding Inc. (NASDAQ: GSUM) shares over alleged securities laws violations.

San Diego, CA -- (SBWIRE) -- 05/07/2018 -- An investor, who purchased shares of Gridsum Holding Inc. (NASDAQ: GSUM), filed a lawsuit over alleged Securities Laws violations by Gridsum Holding Inc. in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Gridsum Holding Inc. (NASDAQ: GSUM) have certain options and for certain investors are short and strict deadlines running. Deadline: June 25, 2018. NASDAQ: GSUM investors should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The plaintiff claims that between April 27, 2017, and April 20, 2018, the Defendants made false and/or misleading statements and/or failed to disclose that Gridsum lacked effective internal control over financial reporting, that consequently, Gridsum's financial statements were inaccurate and misleading, and did not fairly present, in all material respects, the financial condition and results of operations of the Company, and that as a result of the foregoing, Gridsum's public statements were materially false and misleading at all relevant times.

Those who purchased shares of Gridsum Holding Inc. (NASDAQ: GSUM) have certain options and should contact the Shareholders Foundation.

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

For more information on this press release visit:

Media Relations Contact
Michael Daniels
Email: Click to Email Michael Daniels