PR Newswire
SAN DIEGO, June 22, 2017
/PRNewswire/ -- Shareholder Rights Law Firm Johnson & Weaver, LLP today announced that it is investigating
possible violations of federal securities laws by Weibo Corporation (NASDAQ: WB). Weibo operates as a social
media platform for people to create, distribute, and discover Chinese-language content.
SAN DIEGO , June 22, 2017 On June
22, 2017, Bill Bishop, who writes an online newsletter about China, posted on
Twitter that regulators apparently are punishing Weibo for not been cracking down on news that violated
regulations and "negative" commentary. Following the news, Weibo stock plummeted over 9% in early morning
trading.
If you have information that could assist in this investigation, or if you are a Weibo
shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact
Jim Baker (jimb@johnsonandweaver.com) by email or by phone at 619-814-4471. If emailing, please include a phone number
where you can be reached.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm
represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future
outcomes.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
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SOURCE Johnson & Weaver, LLP
