ACT NOW: Monteverde & Associates PC Announces an Investigation of Cheetah Mobile, Inc. - CMCM

NEW YORK, Nov. 8, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City announces an investigation against Cheetah Mobile, Inc. CMCM("Cheetah" or the "Company") for possible violations of federal securities laws.

Monteverde & Associates PC Logo

The investigation focuses on whether Cheetah and certain of its officers and/or directors violated federal securities laws.

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.

Mr. Monteverde would like to personally discuss with you how to potentially recover your monetary losses.

Click here for more information: http://monteverdelaw.com/securities/It is free and there is no cost or obligation to you.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm committed that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.  Monteverde & Associates PC lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct. Mr. Monteverde, who leads the legal team at the firm, has been recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013 and 2017, an award given to less than 2.5% of attorneys in a particular field.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave, Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com 
Tel: (212) 971-1341
Attorney Advertising. (C) 2017 Monteverde & Associates PC.  Prior results do not guarantee a similar outcome with respect to any future matter.

View original content with multimedia:http://www.prnewswire.com/news-releases/act-now-monteverde--associates-pc-announces-an-investigation-of-cheetah-mobile-inc--cmcm-300553360.html

SOURCE Monteverde & Associates PC

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Short SellersPrescience Point
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!