EQUITY ALERT: Rosen Law Firm Continues Investigation of Securities Claims Against Cheetah Mobile Inc. - CMCM

NEW YORK, Nov. 7, 2017 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is continuing to investigate potential securities claims on behalf of shareholders of Cheetah Mobile Inc. CMCM resulting from allegations that Cheetah Mobile may have issued materially misleading business information to the investing public.

On October 26, 2017, Prescience Point Research Group published a report asserting, among other things, that approximately 55% of Cheetah Mobile's reported consolidated revenue does not exist. On this news, shares of Cheetah fell $0.37 per share or over 4% to close at $8.05 per share on October 26, 2017.

Rosen Law Firm is investigating a class action lawsuit against Cheetah Mobile to recover losses suffered by Cheetah investors. If you purchased shares of Cheetah Mobile, please visit the firm's website at http://www.rosenlegal.com/cases-1224.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

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Contact Information:

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

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SOURCE Rosen Law Firm, P.A.