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NYSE: CTK Shareholder Notice: Investigation over Possible Securities Laws Violations by CooTek (Cayman) Inc.

Via: ReleaseWire

Updated 11:00 AM CST, Tue, November 05,2019

An investigation for investors in CooTek (Cayman) Inc. (NYSE: CTK) shares over potential securities laws violations by CooTek (Cayman) Inc. was announced.

San Diego, CA -- (SBWIRE) -- 11/05/2019 -- CooTek (Cayman) Inc. is under investigation concerning potential securities laws violations in connection with certain financial statements.

Investors who purchased shares of CooTek (Cayman) Inc. (NYSE: CTK), have certain options and should contact the Shareholders Foundation at or call +1(858) 779 - 1554.

The investigation by a law firm focuses on whether a series of statements by CooTek (Cayman) Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

China based CooTek (Cayman) Inc. operates as an artificial intelligence (AI) and big data-driven mobile Internet company in the United States and internationally. On July 16, 2019, it was reported that Google removed around 60 apps developed by CooTek from its Play store and banned the company from its advertising platform, Google Admob, for allegedly engaging in alleged malicious ad practices.

Shares of CooTek (Cayman) Inc. (NYSE: CTK) declined to as low as $4.483 per share on September 13, 2019.

Those who purchased shares of CooTek (Cayman) Inc. (NYSE: CTK) 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

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in conftact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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Media Relations Contact
Michael Daniels
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