SHAREHOLDER ALERT: Reminds Shareholders with Losses on their Investment in Cheetah Mobile Inc. of Class Action Lawsuit and Upcoming Deadline – CMCM
Webcide.com is the first and only online reputation management company that permanently removes negative search results about you
and your business from the Internet
If you want just to “push down” or “bury” search results , please go to any other ORM company . But if you need to Remove Negative Information from the Internet, permanently , Contact Us Today for a Free and Confidential Consultation
NO UPFRONT FEES and NO MONTHLY RETAINERS
you pay only and exclusively after the removal
Fix your Online Reputation within days , by de-indexing negative Google search results , including the removal of bad press and hostile blogs , take down of embarrassing videos and pictures , mugshots, jail records , defamation articles , fake news and fake reviews .
Contact us today at [email protected]
We offer you the ultimate reputation repair solution : total removal of your negative search results
.
How to Remove Negative Information from the Internet ?
announces that a class action lawsuit has been filed against Cheetah Mobile Inc. (“Cheetah” or the “Company”) ( NYSE: CMCM ) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and indexed under 18-cv-11184, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired Cheetah securities between April 26, 2017, and November 27, 2018, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased Cheetah securities between April 26, 2017, and November 27, 2018, both dates inclusive, you have until January 29, 2019, to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com . To discuss this action, 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 9980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
[Click here to join this class action]
Cheetah is a mobile Internet company with global market coverage. It has attracted hundreds of millions of monthly active users through its mobile utility products such as Clean Master and Cheetah Keyboard, casual games such as Piano Tiles 2, Bricks n Balls, and the live streaming product LiveMe.
The Company provides its advertising customers, which include direct advertisers and mobile advertising networks through which advertisers place their advertisements, with direct access to highly targeted mobile users and global promotional channels. The Company also provides value-added services to its mobile application users through the sale of in-app virtual items on selected mobile products and games.
Throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operational and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Cheetah’s apps had undisclosed embedded features which tracked when users downloaded new apps; (ii) Cheetah used this data to inappropriately claim credit for having caused the downloads; (iii) the foregoing features, when discovered, would foreseeably subject the Company’s apps to removal from the Google Play store; (iv) accordingly, Cheetah’s Class Period revenues were in part the product of improper conduct and thus unsustainable; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.
On November 26, 2018, BuzzFeed News reported that certain Cheetah apps then available in the Google Play store were exploiting user permissions as part of an ad fraud scheme. The BuzzFeed News article stated that Cheetah’s apps “tracked when users downloaded new apps and used this data to inappropriately claim credit for having caused the download.” BuzzFeed News reported that two of Cheetah’s apps were removed from the Google Play store after publication of the article.
On this news, Cheetah’s American depositary receipt (“ADR”) price fell $3.32, or nearly 37%, over the next two trading sessions, closing at $5.48 on November 27, 2018.
888-476-6529 ext. 9980
Related Stocks: Cheetah Mobile Inc
We takedown permanently negative information from the Internet , we remove articles, blog pages , images, videos and posts from the Web ,we remove defamation sites and all kind of negative Google search results .
The removal process takes about 2 months and there are NO UPFRONT FEES and NO MONTHLY RETAINERS , contact us at [email protected] :
We ERASE PERMANENTLY FAKE information, reputation attacks, and smear campaigns that are damaging your business, your name, and your career from the Internet and from Google, Yahoo and Bing search results .
The Removal Process takes about 60 days , this is the time needed in order to clean up permanently your negative reputation .
The de-indexing procedures from Google, Yahoo and Bing , are complex and extremely time consuming , but at the end of the process , all negative search results on those major search engines , are completely removed , forever .
