Energy News / Shareholders Foundation, Inc.

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

Via: ReleaseWire

Updated 11:45 AM CST, Tue, November 07,2017

An investigation for investors in Cheetah Mobile Inc (ADR) (NYSE:CMCM) shares over potential securities laws violations by Cheetah Mobile Inc was announced

San Diego, CA -- (SBWIRE) -- 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 mail@shareholdersfoundation.com 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
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysecmcm-shareholder-notice-investigation-of-potential-violations-of-securities-laws-by-cheetah-mobile-inc-888178.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com