INVESTOR ALERT: Kirby McInerney LLP Announces an Investigation of Shareholder Claims against Cheetah Mobile, Inc.
The law firm of
Kirby McInerney LLP is investigating potential claims against Cheetah Mobile, Inc. (“Cheetah Mobile” or the “Company”)
(NYSE:CMCM).
This investigation concerns whether Cheetah Mobile has violated federal securities laws and/or engaged in other unlawful business
practices.
On November 26, 2018, Buzzfeed News issued a report claiming that a third-party investigation had identified seven apps owned by
Cheetah Mobile that were exploiting user permissions to fraudulently generate revenue.
On this news, the price of Cheetah Mobile shares fell by $3.32, or approximately 37%, over the next two trading days, to close
at $5.48 on November 27, 2018.
If you acquired Cheetah Mobile securities, have information, or would like to learn more about these claims, please contact
Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out
this contact form, to discuss your rights or interests with respect to these matters without any cost to you.
Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower
litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of
dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website:
www.kmllp.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Kirby McInerney LLP
Thomas W. Elrod, Esq., (212) 371-6600
investigations@kmllp.com
www.kmllp.com
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