We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 Apr 2019 to Apr 2024
What You May Do
If you purchased shares of Youku and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by May 25, 2015.
About the Lawsuit
Youku and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On March 19, 2015, Youku released its fourth quarter results, reporting a net loss of $51.3 million, compared to $4 million in the same quarter of 2013. Youku also disclosed that the SEC is investigating certain aspects of the Company's past accounting practices relating to revenue recognition for multi-part deals, accounting of "non-monetary exchanges of licensed content" and the classification of licensed content as long-lived assets and that it is now "evaluating the impact to its 2014 and historical financial statements."
On this news, the price of Youku's shares plummeted.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit www.ksfcounsel.com.
CONTACT: Kahn Swick & Foti, LLC Lewis Kahn, Managing Partner lewis.kahn@ksfcounsel.com 1-877-515-1850 206 Covington St. Madisonville, LA 70447
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 |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions