INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in 21Vianet Group, Inc. (VNET) to Contact the Firm

NEW YORK, Oct. 10, 2014 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in 21Vianet Group, Inc. ("21Vianet" or the "Company") VNET of the November 12, 2014 deadline to seek the role of lead plaintiff in a federal securities class action lawsuit filed against 21Vianet and certain executives.

A complaint has been filed in the Eastern District of Texas on behalf of all persons who purchased 21Vianet American Depository Shares ("ADS") from April 21, 2011 through September 10, 2014, inclusive (the "Class Period").

The complaint alleges that the Company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and prospects.

Specifically, the action alleges that during the Class Period, 21Vianet made false and/or misleading statements and/or failed to disclose that (i) the Company had overstated the amount of cabinets in its Internet data center network; (ii) a significant portion of the Company's outsourced data center partnerships had been terminated; and (iii) the Company had misrepresented the financials of its Managed Network Entities.

On September 10, 2014, Trinity Research Group issued a report alleging that 21Vianet had misrepresented its IDC network assets and performance and the financials of certain of its acquired companies.

Following this news, the price of 21Vianet ADS declined by $1.76, or over 8%, to close at $20.12 on September 10, 2014.

Request more information now by clicking here: www.faruqilaw.com/VNET. There is no cost or obligation to you.

Take Action

If you invested in 21Vianet ADS, bonds or options between April 21, 2011 through September 10, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/VNET. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding 21Vianet's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.