NEW YORK, Jan. 08, 2019 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP announces that class action lawsuits have
commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead
plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links
provided. There is no cost or obligation to you.
Nissan Motor Co., Ltd. (OTCMKTS: NSANY)
Class Period: December 10, 2013 - November 16, 2018
Lead Plaintiff Deadline: February 8, 2019
Join the action: https://www.zlk.com/pslra-1/nissan-motor-co-ltd-loss-form?wire=3
Allegations: Nissan Motor Co., Ltd. made materially false and/or misleading statements and/or failed to disclose that: (1) for
more than a decade, Nissan had been materially understating its costs--and thus overstating profits--by paying a material portion
of Ghosn’s executive compensation in the form of billions of Yen of deferred compensation that the Company was concealing from its
public financial reports; (2) in so doing, Nissan was concealing from investors significant defects in its corporate governance;
(3) Nissan’s overpayment of defendant Ghosn had caused it to exceed its shareholder-approved executive pay cap, thus threatening
its continued stock listing; (4) Nissan lacked effective internal and reporting controls; and (5) as a result, defendants’
statements about Nissan’s business metrics, operations, and financial prospects were materially false and misleading and/or lacked
a reasonable basis at all relevant times.
To learn more about the Nissan Motor Co., Ltd. class action contact jlevi@levikorsinsky.com.
Cheetah Mobile Inc. (NYSE: CMCM)
Class Period: April 26, 2017 - November 27, 2018
Lead Plaintiff Deadline: January 29, 2019
Join the action: https://www.zlk.com/pslra-1/cheetah-mobile-inc-loss-form?wire=3
Allegations: Cheetah Mobile Inc. made materially false and/or misleading statements throughout the class period and/or failed to
disclose that: (1) Cheetah Mobile’s apps had undisclosed imbedded features which tracked when users downloaded new apps; (2)
Cheetah Mobile used this data to inappropriately claim credit for having caused the downloads; (3) the foregoing features, when
discovered, would foreseeably subject Cheetah Mobile’s apps to removal from the Google Play store; (4) accordingly, Cheetah
Mobile’s revenues during the relevant period were in part the product of improper conduct and thus unsustainable; and (5) as a
result, Cheetah Mobile’s public statements were materially false and misleading at all relevant times.
To learn more about the Cheetah Mobile Inc. class action contact jlevi@levikorsinsky.com.
CURO Group Holdings Corp. (NYSE: CURO)
Class Period: July 31, 2018 - October 24, 2018
Lead Plaintiff Deadline: February 4, 2019
Join the action: https://www.zlk.com/pslra-1/curo-group-holdings-corp-loss-form?wire=3
The complaint alleges that throughout the class period Defendants materially misrepresented to investors the deleterious effect
that the up-front loan loss provisioning in connection with a transition of its Canadian inventory to Open-Ended loans was having
on the Company’s financial performance and 2018 full-year Company guidance. Because CURO’s Open-End Loans had a materially lower
lending yield than the Single-Pay Products, and the portfolio of Open-End Loans was still immature and unseasoned, the up-front
loan loss provisioning for these loans was far greater than publicly revealed (and the yield far lower). This caused the Company to
materially overstate its 2018 projected financial results, including CURO’s adjusted EBITDA, net revenue and operating
earnings.
To learn more about the CURO Group Holdings Corp. class action contact jlevi@levikorsinsky.com.
You have until the lead plaintiff deadlines to request the court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys
have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of
dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
