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YOKU Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares.

27.54
0.00 (0.00%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. NYSE:YOKU NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 27.54 0 01:00:00

EQUITY ALERT: The Rosen Law Firm Reminds Youku Tudou, Inc. Investors of the Important May 25, 2015 Deadline in the Class Acti...

06/05/2015 7:39pm

Business Wire


Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. (NYSE:YOKU)
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The Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Youku Tudou, Inc. (NYSE: YOKU) from February 27, 2014 through March 19, 2015 of the important May 25, 2015 lead plaintiff deadline in the class action filed by the firm. The lawsuit seeks to recover investors’ losses under the federal securities laws.

To join the Youku Tudou class action, visit the firm’s website at http://www.rosenlegal.com/cases-555.html, or contact Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. The lawsuit filed by the firm is pending in the U.S. District Court for the Central District of California.

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 alleges that Defendants made false and/or misleading statements and/or failed to disclose that Youku Tudou: (i) improperly recognized revenue for multi-element arrangements; (ii) improperly recorded certain nonmonetary transactions to exchange online broadcasting rights of video content with other online video broadcasting companies; (iii) improperly accounted for its licensed content; (iv) lacked adequate internal controls over its financial reporting; and (v) as a result, its financial statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than May 25, 2015. 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, go to the firm’s website at http://www.rosenlegal.com/cases-555.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll-free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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Contact Information:

Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com

The Rosen Law Firm, P.A.866-767-3653Phillip Kim, Esq.pkim@rosenlegal.comorKevin Chan, Esq.kchan@rosenlegal.com

1 Year Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. Chart

1 Year Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. Chart

1 Month Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. Chart

1 Month Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. Chart

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