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

27.54
0.00 (0.00%)
Last Updated: 01:00:00
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

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Notify Investors of Class Action Involving Youku Tudou, Inc. and a Lead Pl...

29/04/2015 8:56pm

GlobeNewswire Inc.


Youku Tudou Inc. American Depositary Shares, Each Representing 18 Class A Ordinary Shares. (NYSE:YOKU)
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The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased Youku Tudou, Inc. ("Youku" or the "Company") (NYSE:YOKU) securities between February 27, 2014 and March 19, 2015.

Click here to learn about the case: http://docs.wongesq.com/YOKU-Info-Request-Form-699. There is no cost or obligation to you.

The allegations in the complaint concern 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. To obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/YOKU-Info-Request-Form-699.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Vincent Wong, Esq.
         39 East Broadway
         Suite 304
         New York, NY 10002
         Tel. 212.425.1140
         Fax. 866.699.3880
         E-Mail: vw@wongesq.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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