NQ MOBILE INC. SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Claims on Behalf of Sh...
October 24 2013 - 6:03PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
NQ Mobile Inc. (“NQ” or the “Company”) (NYSE:NQ) for possible
breaches of fiduciary duty.
Click here to learn more about the investigation:
http://zlk.9nl.com/nq-mobile-nq/ or call: 877-363-5972.
There is no cost or obligation to you.
On October 24, 2013, Muddy Waters Research issued a report
asserting that NQ has greatly exaggerated its true financial
performance. The report states, among other things, that at least
72% of NQ’s purported China security revenue is fictitious, and
that NQ’s largest customer is actually itself. The report also
questions the veracity of NQ’s cash balance, its reported
international revenue and its filed financial statements.
If you own NQ stock and wish to obtain additional information
about the investigation and your legal rights, please contact
Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/nq-mobile-nq/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut, and Washington D.C. The firm has
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. The attorneys at Levi &
Korsinsky have been appointed by numerous courts throughout the
country to serve as lead counsel on behalf of shareholders in major
securities lawsuits and have successfully recovered
multimillion-dollar damages awards on behalf of investors. For more
information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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