NEW YORK, July 29, 2014 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of investors who purchased China Mobile Games and Entertainment Group Limited ("China Mobile" or the "Company") (Nasdaq:CMGE) common stock between September 20, 2012 and June 19, 2014.
Click here to learn about the case: http://docs.wongesq.com/CMGE-Info-Request-Form-327. There is no cost or obligation to you.
The complaint alleges that during the Class Period the Company issued false and/or misleading statements and failed to disclose material adverse facts. In particular it is alleged that the Company failed to disclose or made material false statements regarding: the Company's engagement in a bribery scheme within its game publishing business, undisclosed related party transactions, and inadequate internal controls.
If you suffered a loss in China Mobile you have until August 19, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/CMGE-Info-Request-Form-327.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]