The Klein Law Firm Reminds Investors of Commencement of an Investigation Concerning Possible Violations of Federal Securities...
July 13 2017 - 10:23AM
Business Wire
The Klein Law Firm announces the commencement of an
investigation of Weibo Corporation (NASDAQ:WB) concerning possible
violations of federal securities laws.
On June 22, 2017, Weibo announced receipt of a notice from The
State Administration of Press, Publication, Radio, Film and
Television of the People’s Republic of China (the “SAPPRFT”). The
notice requests that local authorities “take measures to suspend
several companies’ video and audio services due to their lacking of
an internet audio/video program transmission license and posting of
certain commentary programs with content in violation of government
regulations on their sites.” Following this news, shares of Weibo
were down more than 9% on intraday trading on June 22, 2017.
If you suffered a loss in Weibo and wish to obtain additional
information, please contact Joseph Klein, Esq. by telephone at
212-616-4899 or visit
http://www.kkclasslaw.com/WB-Info-Request-Form-170.
Joseph Klein, Esq. is an experienced attorney and has also
practiced as a Certified Public Accountant. Mr. Klein represents
investors and participates in securities litigations involving
financial fraud throughout the nation. Attorney advertising. Prior
results do not guarantee similar outcomes.
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The Klein Law FirmJoseph Klein, Esq., 212-616-4899Fax:
347-558-9665www.kleinstocklaw.com
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