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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 |
From Jul 2019 to Jul 2024
NEW YORK, May 6, 2015 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Youku Tudou, Inc. (NYSE: YOKU) between February 27, 2014 and March 19, 2015.
You are hereby notified that a class action has been commenced in the USDC for the Southern District of New York. If you purchased Youku Tudou, Inc. ("Youku") securities between February 27, 2014 and March 19, 2015, your rights may be affected by this action. To get more information, go to:
http://zlk.9nl.com/youku-infosheet
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The allegations in the complaint concern, among other allegations, an alleged lack of adequate internal controls over the Company's financial reporting, including improper recording of certain nonmonetary transactions and improperly recognized revenue for multi-element arrangements.
On March 19, 2015, Youku reported a net loss of $51.3 million for its fourth quarter, compared to $4 million in the same quarter of 2013, and further disclosed that the SEC is investigating certain aspects of the Company's past accounting practices.
If you suffered a loss in Youku you have until May 26, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
Logo - http://photos.prnewswire.com/prnh/20120409/MM84375LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/investor-alert-levi--korsinsky-llp-notifies-shareholders-of-youku-tudou-inc-of-pendency-of-class-action-lawsuit-and-a-lead-plaintiff-deadline-of-may-26-2015--yoku-300078606.html
SOURCE Levi & Korsinsky, LLP
Copyright 2015 PR Newswire
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 |
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