SECURITIES ALERT: Rosen Law Firm Reminds Jumei International Investors of Important February 10, 2015 Deadline in Class Actio...
January 26 2015 - 6:41PM
The Rosen Law Firm, a global investor rights firm, reminds all
purchasers of the shares of Jumei International Holdings Limited
(NYSE:JMEI) between May 16, 2014 and November 20, 2014 of the
important February 10, 2015 lead plaintiff deadline in the class
action filed by the firm.
To join the Jumei class action, go to the website at
http://rosenlegal.com/cases-463.html or call Phillip Kim, Esq. or
Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action. The case filed by the firm is pending in the U.S.
District Court for the Eastern District of New York.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants made false and misleading
statements and/or failed to disclose that: (1) Jumei was changing
its revenue model by transitioning away from marketplace services
to merchandise sales; (2) this transition posed a significant risk
to the Jumei's previously successful financial performance; and (3)
Jumei was not expanding its marketplace services as
claimed. As a result, the lawsuit claims that when these
adverse facts became known, the value of Jumei's securities
dropped, damaging investors.
A class action lawsuit has already been filed. If you wish
to serve as lead plaintiff, you must move the Court no later than
February 10, 2015. If you wish to join the litigation or to
discuss your rights or interests regarding this class action,
please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen
Law Firm toll free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm focuses on prosecuting securities class
action litigation and actions involving financial fraud. The
Rosen Law Firm represents investors throughout the globe.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
kchan@rosenlegal.com
pkim@rosenlegal.com
www.rosenlegal.com
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