
Cheetah Mobile (CMCM) News
Market Cap: $2.26M
Avg Volume: 43.58K
Industry: Internet Content & Information
Sector: Communication Services

Cheetah Mobile Files 2024 Annual Report on Form 20-F
BEIJING , April 15, 2025 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission on April 15, 2025. The annual report can be accessed on the Company's investor relations website at http://ir.cmcm.com or the SEC's website at www.sec.gov.
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Cheetah Mobile Inc. (CMCM) Q4 2024 Earnings Call Transcript
Cheetah Mobile Inc. (NYSE:CMCM ) Q4 2024 Earnings Conference Call March 26, 2025 7:00 AM ET Company Participants Helen Jing Zhu - IR Fu Sheng - Chairman and CEO Thomas Ren - Director and CFO Operator Good day, and welcome to the Cheetah Mobile Fourth Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
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Cheetah Mobile Announces Fourth Quarter and Fiscal Year 2024 Unaudited Consolidated Financial Results
BEIJING , March 26, 2025 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the quarter and fiscal year ended December 31, 2024. Management Commentary Mr.
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Cheetah Mobile To Report Fourth Quarter and Fiscal Year 2024 Financial Results on March 26, 2025
BEIJING , March 19, 2025 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company, today announced that it will report its financial results for the fourth quarter and fiscal year 2024 before the U.S. market opens on Wednesday, March 26, 2025. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile Inc. (CMCM) Q3 2024 Earnings Call Transcript
Cheetah Mobile Inc. (NYSE:CMCM ) Q3 2024 Earnings Conference Call December 17, 2024 6:00 AM ET Company Participants Helen Jing Zhu - Investor Relations Sheng Fu - Chairman and Chief Executive Officer Thomas Ren - Director and Chief Financial Officer Conference Call Participants Operator Good day and welcome to the Cheetah Mobile Third Quarter 2024 Earnings Conference Call. All participants will be in listen-only mode.
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Cheetah Mobile Announces Third Quarter 2024 Unaudited Consolidated Financial Results
BEIJING , Dec. 17, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the third quarter ended September 30, 2024. Management Commentary Mr.
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Cheetah Mobile To Report Third Quarter 2024 Financial Results on December 17, 2024
BEIJING , Dec. 11, 2024 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company, today announced that it will report its financial results for the third quarter ended September 30, 2024, before the U.S. market opens on Tuesday, December 17, 2024. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile Inc. (CMCM) Q2 2024 Earnings Call Transcript
Cheetah Mobile Inc. (NYSE:CMCM ) Q2 2024 Earnings Conference Call September 13, 2024 7:00 AM ET Company Participants Helen Zhu - Investor Relations Director Sheng Fu - Chairman and Chief Executive Officer Thomas Ren - Chief Financial Officer Conference Call Participants Operator Good day, and welcome to the Cheetah Mobile Second Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
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Cheetah Mobile Announces Second Quarter 2024 Unaudited Consolidated Financial Results
BEIJING , Sept. 13, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the second quarter ended June 30, 2024.
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Cheetah Mobile To Report Second Quarter 2024 Financial Results on September 13, 2024
BEIJING , Sept. 6, 2024 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company, today announced that it will report its financial results for the second quarter ended June 30, 2024, before the U.S. market opens on Friday, September 13, 2024.
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Cheetah Mobile Inc. (CMCM) Q1 2024 Earnings Call Transcript
Cheetah Mobile Inc. (NYSE:CMCM ) Q1 2024 Earnings Conference Call June 7, 2024 7:00 AM ET Company Participants Helen Zhu - Investor Relations Director Sheng Fu - Chairman and Chief Executive Officer Thomas Ren - Chief Financial Officer Conference Call Participants Nancy Lu - JP Morgan Thomas Chong - Jefferies Miranda Zhuang - Bank of America Ritchie Sun - HSBC Wei Fang - Mizuho Operator Good day, and welcome to the Cheetah Mobile First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
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Cheetah Mobile Announces First Quarter 2024 Unaudited Consolidated Financial Results
BEIJING , June 7, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the first quarter ended March 31, 2024. Management Commentary Mr.
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Cheetah Mobile Inc. Resumes Quarterly Earnings Reporting and First Quarter 2024 Financial Results to be Announced on June 7, 2024
BEIJING , May 31, 2024 /PRNewswire/ -- Cheetah Mobile Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM), a China-based IT company, today announced that it will report its financial results for the first quarter ended March 31, 2024, before the U.S. market opens on Friday, June 7, 2024. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile Inc. Files Its Annual Report on Form 20-F
BEIJING , April 18, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission on April 18, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.cmcm.com or the SEC's website at www.sec.gov.
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Cheetah Mobile Announces Second Half and Full Year 2023 Unaudited Consolidated Financial Results
BEIJING , March 21, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the second half and full year 2023 ended December 31, 2023. Management Commentary Mr.
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Cheetah Mobile Further Invests in Beijing OrionStar
BEIJING , Jan. 12, 2024 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that the Company, through two of its wholly-owned subsidiaries, has made an additional investment in Beijing OrionStar Technology Co., Ltd. ("Beijing OrionStar"), in which the Company held 72.91% equity interest before the investment.
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Cheetah Mobile Announces Acquisition of Controlling Stake in Beijing OrionStar
BEIJING , Dec. 4, 2023 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that the Company, through two of its wholly-owned subsidiaries, has acquired an aggregate of 35.17% equity interest of Beijing OrionStar Technology Co., Ltd. ("Beijing OrionStar") from certain of the existing shareholders of Beijing OrionStar, including Mr.
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Cheetah Mobile Announces First Half 2023 Unaudited Consolidated Financial Results
BEIJING , Aug. 18, 2023 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the first half 2023 ended June 30, 2023. Management Commentary Mr.
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Cheetah Mobile Announces Second Half and Full Year 2022 Unaudited Consolidated Financial Results
BEIJING , April 11, 2023 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China-based IT company, today announced its unaudited consolidated financial results for the second half and full year 2022 ended December 31, 2022.
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Cheetah Mobile Announces First Half 2022 Unaudited Consolidated Financial Results
BEIJING , Dec. 27, 2022 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the first half of 2022 ended June 30, 2022. Management Commentary Mr.
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Cheetah Mobile Announces Appointment of New Auditor
BEIJING , Dec. 5, 2022 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced the appointment of Marcum Asia CPAs LLP ("Marcum Asia") as its independent registered public accounting firm, effective December 2, 2022. On the same date, the Company dismissed Ernst & Young Hua Ming LLP ("EY").
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SEC Charges Cheetah Mobile's CEO and Its Former President with Insider Trading
Washington, D.C.--(Newsfile Corp. - September 21, 2022) - The Securities and Exchange Commission today charged the CEO of Cheetah Mobile Inc. and the company's former President with insider trading for selling Cheetah Mobile's securities, pursuant to a purported 10b5-1 trading plan, while in possession of material nonpublic information.
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Why Cheetah Stock Soared Friday Morning
A reverse stock split is attracting traders and retail investors.
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Cheetah Mobile Announces ADS Ratio Change
BEIJING , Aug. 23, 2022 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading Internet company, today announced that it will change the ratio of its American Depositary Share ("ADS") to Class A ordinary share ("Share") from one (1) ADS representing ten (10) Shares to one (1) ADS representing fifty (50) Shares, effective September 2, 2022 (the "ADS Ratio Change"). For Cheetah Mobile's ADS holders, the change in the ADS ratio will have the same effect as a one-for-five reverse ADS split.
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Cheetah Mobile Receives Notification from NYSE Regarding Delayed Form 20-F Filing
BEIJING , May 25, 2022 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it received a notice from NYSE Regulation indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Annual Report on Form 20-F for the year ended December 31, 2021 (the "2021 Form 20-F") with the Securities and Exchange Commission (the "SEC"). The Company was not able to file the 2021 Form 20-F by May 17, 2022, as extended from the original due date of May 2, 2022 pursuant to the Form 12b-25 submitted to the SEC on April 29, 2022.
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Cheetah Mobile Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price
BEIJING , May 13, 2022 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated April 15, 2022, notifying Cheetah Mobile that it is below compliance standards due to the trading price of Cheetah Mobile's American depositary shares (the "ADSs"). Pursuant to NYSE continued listing standards applicable to Cheetah Mobile, the Company is considered to be "below criteria" for average closing price of a security less than $1.00 over a consecutive 30 trading-day period.
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Cheetah Mobile Inc. (CMCM) CEO Sheng Fu on Q3 2021 Results - Earnings Call Transcript
Cheetah Mobile Inc. (CMCM) CEO Sheng Fu on Q3 2021 Results - Earnings Call Transcript
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Cheetah Mobile Clocks 46% Revenue Decline In Q3, Issues Cautious Outlook
Cheetah Mobile Inc (NYSE: CMCM) reported a third-quarter FY21 revenue decline of 46.3% year-on-year to $30.4 million. Revenues from internet business decreased by 50.8% Y/Y to $24.9 million.
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Cheetah Mobile Announces Third Quarter 2021 Unaudited Consolidated Financial Results
BEIJING, Nov. 24, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the third quarter 2021 ended September 30, 2021. Management Commentary Mr.
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Cheetah Mobile to Report Third Quarter 2021 Financial Results on November 24, 2021
BEIJING, Nov. 17, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it plans to release its third quarter 2021 financial results before the market opens on Wednesday, November 24th, 2021. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile to Hold Annual General Meeting
BEIJING, Nov. 1, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it will hold its annual general meeting of shareholders at the offices of Cheetah Mobile at Building No.11, Wandong Science and Technology Cultural Innovation Park, No.7 Sanjianfangnanli, Chaoyang District, Beijing, China, on November 16, 2021 at 2:00 p.m. (local time).
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Cheetah Mobile Inc. (CMCM) CEO Sheng Fu on Q2 2021 Results - Earnings Call Transcript
Cheetah Mobile Inc. (CMCM) CEO Sheng Fu on Q2 2021 Results - Earnings Call Transcript
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Cheetah Mobile Announces Second Quarter 2021 Unaudited Consolidated Financial Results
BEIJING, Sept. 7, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the second quarter 2021 ended June 30, 2021.
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Cheetah Mobile to Report Second Quarter 2021 Financial Results on September 7, 2021
BEIJING, Aug. 27, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it plans to release its second quarter 2021 financial results before the market opens on Tuesday, September 7th, 2021. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile Announces First Quarter 2021 Unaudited Consolidated Financial Results
BEIJING, June 11, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the first quarter 2021 ended March 31, 2021. Management Commentary Mr.
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Cheetah Mobile to Report First Quarter 2021 Financial Results on June 11th, 2021
BEIJING, June 4, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it plans to release its first quarter 2021 financial results before the market opens on Friday, June 11th, 2021. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile Inc.'s (CMCM) CEO Fu Sheng on Q4 2020 Results - Earnings Call Transcript
Cheetah Mobile Inc.'s (CMCM) CEO Fu Sheng on Q4 2020 Results - Earnings Call Transcript
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Cheetah Mobile Announces Fourth Quarter and Full Year 2020 Unaudited Consolidated Financial Results
BEIJING, March 23, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced its unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2020. Management Commentary Mr.
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Cheetah Mobile to Report Fourth Quarter and Full Year 2020 Financial Results on March 23, 2021
BEIJING, March 16, 2021 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that it plans to release its fourth quarter and full year 2020 financial results before the market opens on Tuesday, March 23, 2021. The earnings release will be available on the Company's investor relations website at http://ir.cmcm.com.
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Cheetah Mobile Announces Third Quarter 2020 Unaudited Consolidated Financial Results
BEIJING, Nov. 24, 2020 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced its unaudited consolidated financial results for the third quarter ended September 30, 2020....
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Cheetah Mobile to Report Third Quarter 2020 Financial Results on November 24, 2020
BEIJING, Nov. 9, 2020 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading mobile internet company with global market coverage, today announced that it plans to release its third quarter 2020 financial results before the market opens on Tuesday,...
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Simply Avoid Cheetah Mobile
Cheetah Mobile's fraud allegations have materialized in a Google ban. I believe this has virtually crippled the company's core business.
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DEADLINE TODAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - August 24, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc.
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CMCM FINAL DEADLINE: ROSEN, A TRUSTED AND TOP RANKED FIRM, Reminds Cheetah Mobile Inc. Investors of Important Monday Deadline in Securities Class Action - CMCM
NEW YORK, Aug. 24, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cheetah Mobile Inc.
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DEADLINE TOMORROW: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - August 23, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc.
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SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Cheetah Mobile, Inc. of Class Action Lawsuit and Upcoming Deadline - CMCM
NEW YORK, Aug. 22, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Cheetah Mobile, Inc.
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Lead Plaintiff Deadline Alert: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses Exceeding $100,000 Investing In Cheetah Mobile, Inc. To Contact The Firm
New York, New York--(Newsfile Corp. - August 21, 2020) - Faruqi & Faruqi, LLP, a leading national securities law firm, reminds investors in Cheetah Mobile, Inc.
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DEADLINE MONDAY ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - August 21, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc.
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CMCM DEADLINE ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Cheetah Mobile Inc. Investors of Class Action and Lead Plaintiff Deadline: August 24, 2020
NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Cheetah Mobile Inc. ("Cheetah" or the "Company") (NYSE: CMCM) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Cheetah securities between March 25, 2019 and February 20, 2020, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/cmcm. This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934. The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) certain of Cheetah Mobile’s apps were not compliant with the terms of its agreements with Google; (2) as a result, there was a reasonable likelihood that Google would terminate its advertising contracts with the Company; (3) as a result of the foregoing, the Company’s ability to attract new users would be adversely impacted; (4) as a result, the Company’s revenue was reasonably likely to decline; and (5) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/cmcm or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Cheetah you have until August 24, 2020 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. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
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MONDAY DEADLINE NOTICE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
[DATELINE]The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc. ("Cheetah" or "the Company") (NYSE: CMCM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S.
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CMCM DEADLINE: Bronstein, Gewirtz & Grossman, LLC Reminds Cheetah Mobile Inc. Investors of Class Action and Lead Plaintiff Deadline: August 24, 2020
New York, New York--(Newsfile Corp. - August 19, 2020) - Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Cheetah Mobile Inc.
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MONDAY DEADLINE REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - August 19, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc.
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Cheetah Mobile Inc.'s (CMCM) CEO Fu Sheng on Q2 2020 Results - Earnings Call Transcript
Cheetah Mobile Inc. (NYSE:CMCM) Q2 2020 Results Earnings Conference Call August 18, 2020, 08:00 AM ET Company Participants Helen Zhu - Investor Relations Director Fu Sheng - Chairman & Chief Executive Officer Thomas Ren - Chief Financial Officer Conference Call Participants Vicky Wei - Citi Presentation Operator Good day, everyone and welcome to the Cheetah Mobile's Second Quarter 2020 Conference Call.
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MONDAY DEADLINE ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
Los Angeles, California--(Newsfile Corp. - August 18, 2020) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc.
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Cheetah Mobile Announces Second Quarter 2020 Unaudited Consolidated Financial Results
BEIJING, Aug. 18, 2020 /PRNewswire/ -- Cheetah Mobile Inc.
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Earnings Scheduled For August 18, 2020
Companies Reporting Before The Bell • Advance Auto Parts Inc. (NYSE:AAP) is estimated to report quarterly earnings at $1.96 per share on revenue of $2.38 billion. •...
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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Cheetah Mobile Inc.
LOS ANGELES, Aug. 14, 2020 /PRNewswire/ -- The Law Offices of Frank R.
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CMCM ROSEN, A LONG STANDING AND LEADING FIRM, Encourages Cheetah Mobile Inc. Investors to Contact Firm Before Important August 24 Deadline in Class Action Seeking Recovery of Investor Losses – CMCM
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Investor Alert: Kaplan Fox Investigates Cheetah Mobile, Inc. For Potential Securities Fraud
NEW YORK, Aug. 5, 2020 /PRNewswire/ -- Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of Cheetah Mobile, Inc.
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Cheetah Mobile : Pomerantz Law Firm Announces the Filing of a Class Action against Cheetah Mobile, Inc. and Certain Officers - CMCM | MarketScreener
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Pomerantz Law Firm Announces the Filing of a Class Action against Cheetah Mobile, Inc. and Certain Officers - CMCM
NEW YORK, Aug. 4, 2020 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Cheetah Mobile, Inc.
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Shareholder Alert: Robbins LLP Reminds Investors Cheetah Mobile Inc. (CMCM) Sued for Misleading Shareholders
SAN DIEGO & BEIJING--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Cheetah Mobile Inc. (NYSE: CMCM) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between March 25. 2019 to February 20, 2020. Cheetah Mobile is a mobile Internet company that offers mobile utility, casual games, and live streaming products. If you suffered a loss as a result of Cheetah Mobile's misconduct, click here. Cheetah Mobile Inc. (CMCM) Accused of Misleading Shareholders According to the complained filed in June 2020, Cheetah Mobile announced positive financial results for its fourth quarter and 2018 annual report. In the following months, Cheetah Mobile continued to issue optimistic financial outlooks. However, the Company failed to disclose that certain Cheetah Mobile apps were in violation of Google's terms of agreement and could lead to the termination the Company's Google advertising contract. On February 21, 2020, Cheetah Mobile revealed that its Google Play Store, Google AdMob, and Google AdManager accounts were disabled on February 20, 2020 "because some of the Company's apps had not been compliant with Google policies, resulting in certain invalid traffic." On this news, the Company's share price fell approximately 17% to close at $2.99 per share on February 21, 2020. On June 10, 2020, Cheetah Mobile announced in its first quarter 2020 financial results that revenues for its mobile utility product business "decreased by 62.6% year over year to RMB54.3 million in first quarter of 2020 . . . mainly due to the suspension of the Company's advertising collaborations with Google." On this news, the Company's share price fell $0.25, or more than 7%, over two consecutive trading sessions to close at $3.10 per share on June 11, 2020, and subsequently declined further If you purchased Cheetah Mobile Inc. (CMCM) securities between March 25, 2019 and February 20, 2020, you have until August 24, 2020, to ask the court to be appointed lead plaintiff for the class. Contact us to learn more: Lauren Levi (800) 350-6003 llevi@robbinsllp.com Shareholder Information Form Robbins LLP is a nationally recognized leader in shareholder rights law. To be notified if a class action against Cheetah Mobile settles or to receive free alerts about companies engaged in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome.
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CMCM EQUITY ALERT: ROSEN, A RANKED AND LEADING FIRM, Encourages Cheetah Mobile Inc. Investors to Contact Firm Before Important Deadline in Class Action Seeking Recovery of Investor Losses - CMCM
NEW YORK, July 31, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cheetah Mobile Inc. (NYSE: CMCM) between March 25, 2019 and February 20, 2020, inclusive (the "Class Period"), of the important August 24, 2020 lead plaintiff.
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TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai, sources say
Chinese tech giant ByteDance is considering listing its domestic business in Hong Kong or Shanghai, people familiar with the matter told Reuters.
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Trump says will ban TikTok amid pressure on Chinese owner to sell
Trump says will ban TikTok amid pressure on Chinese owner to sell
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ROSEN, A LEADING LAW FIRM, Reminds Cheetah Mobile Inc. Investors of Important Deadline in Securities Class Action
NEW YORK, July 30, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cheetah Mobile Inc. between March 25, 2019 and February 20, 2020, inclusive (the "Class Period"), of the important August 24, 2020 lead plaintiff deadline in.
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Glancy Prongay & Murray Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cheetah Mobile, Inc. (CMCM)
LOS ANGELES, July 29, 2020 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcoming August 25, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of Cheetah Mobile, Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM) investors.
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ByteDance investors value TikTok at $50 billion in takeover bid, sources say
Beijing-based ByteDance is considering a range of options for TikTok amid pressure from the United States to relinquish control of the app.
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Cheetah Mobile Inc. - CMCM
NEW YORK, July 21, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors Cheetah Mobile Inc. ("Cheetah" or the "Company") (NYSE: CMCM).
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Cheetah Mobile : ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Reminds Cheetah Mobile Inc. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm - CMCM | MarketScreener
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ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Reminds Cheetah Mobile Inc. Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm - CMCM
NEW YORK, July 17, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cheetah Mobile Inc. (NYSE: CMCM) between March 25, 2019 and February 20, 2020, inclusive (the "Class Period"), of the important August 24, 2020 lead plaintiff.
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Ritholtz Wealth Management Grows Position in Cheetah Mobile Inc (NYSE:CMCM)
Ritholtz Wealth Management lifted its stake in shares of Cheetah Mobile Inc (NYSE:CMCM) by 234.4% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 66,205 shares of the software maker’s stock after buying an additional 46,408 shares during the quarter. Ritholtz Wealth Management’s holdings […]
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CMCM SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Notifies Cheetah Mobile Inc. Investors of Class Action and Lead Plaintiff Deadline: August 24, 2020
New York, New York--(Newsfile Corp. - July 9, 2020) - Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Cheetah Mobile Inc.("Cheetah" or the "Company") (NYSE: CMCM) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Cheetah securities between March 25, 2019 and February 20, 2020, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the...
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顶尖全球投资者权益律所ROSEN提醒猎豹移动公司投资者注意CMCM证券集体诉讼的重要截止日期
纽约--(BUSINESS WIRE)--(美国商业资讯)--全球投资者权益律所Rosen Law Firm提醒在2019年3月25日至2020年2月20日(含上述日期,简称“集体诉讼期”)期间购买猎豹移动公司(Cheetah Mobile Inc., NYSE: CMCM)证券的人士注意,本案中首要原告的重要截止日期为2020年8月24日。诉讼旨在依据联邦证券法弥补猎豹移动投资者所蒙受的损失。 如需加入猎豹移动集体诉讼,请访问http://www.rosenlegal.com/cases-register-1886.html、拨打免费电话866-767-3653或者发送电子邮件至pkim@rosenlegal.com或cases@rosenlegal.com联系Phillip Kim律师,了解有关集体诉讼的更多信息。 上述诉讼的集体尚未得到认证。在此之前,除受聘之外,律师将不会为个人提供法律服务。个人可自行选择聘请律师,也可以作为缺席集体诉讼成员,且无需在这个时期采取任何行动。投资者在未来任何可能赔偿中的分成金额大小与其是否作为首要原告无关。 本诉讼认为,被告在整个集体诉讼期间做出了虚假和/或误导声明,以及/或者未能披露:(1)猎豹移动的某些App不符合其与谷歌所签协议的条款;(2)因此,有理由相信谷歌可能会终止其与该公司的广告合同;(3)由于上述原因,猎豹移动吸引新用户的能力会受到不利影响;(4)由此,有理由相信猎豹移动的营收可能会下降;以及(5) 基于上述原因,被告有关猎豹移动业务、经营和前景的正面陈述具有很大的误导性,和/或缺少合理的基础。诉讼称,当真实的信息进入市场,投资者便蒙受了损失。 律所已经提起了集体诉讼案。如果您希望担任首要原告,则必须在2020年8月24日之前向法院提出申请。首要原告是代表其他集体成员主导诉讼的代表方。如果您有意加入诉讼,请登录http://www.rosenlegal.com/cases-register-1886.html;如您有意探讨自身在集体诉讼中的权利或利益,请拨打律所免费热线866-767-3653或者发送电子邮件至pkim@rosenlegal.com或cases@rosenlegal.com联系Phillip Kim律师。 敬请通过LinkedIn:https://www.linkedin.com/company/the-rosen-law-firm或Twitter:https://twitter.com/rosen_firm或Facebook:https://www.facebook.com/rosenlawfirm/关注我们,了解最新情况。 Rosen Law Firm代表全球投资者,主要从事证券集体诉讼和股东派生诉讼。凭借其在2017年处理的证券集体诉讼案件数量,律所获选成为ISS证券集体诉讼服务榜单中排名第一的律所。自2013年以来,我们一直位列该榜单的前三名。Rosen Law Firm已经为投资者获取了数亿美元的赔偿。律师广告。此前结果并不能保证类似的结果。 免责声明:本公告之原文版本乃官方授权版本。译文仅供方便了解之用,烦请参照原文,原文版本乃唯一具法律效力之版本。
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頂尖全球投資人權益法律事務所ROSEN提醒獵豹移動公司投資人注意CMCM證券集體訴訟的重要截止日期
紐約--(BUSINESS WIRE)--(美國商業資訊)--全球投資人權益法律事務所Rosen Law Firm提醒在2019年3月25日至2020年2月20日(含上述日期,簡稱「集體訴訟期」)期間購買獵豹移動公司(Cheetah Mobile Inc., NYSE: CMCM)證券的人士注意,本案中原告代表的重要截止日期為2020年8月24日。訴訟旨在依據聯邦證券法彌補獵豹移動投資人所蒙受的損失。 如欲加入獵豹移動集體訴訟,請造訪http://www.rosenlegal.com/cases-register-1886.html、致電免費電話866-767-3653或者寄送電子郵件至pkim@rosenlegal.com或cases@rosenlegal.com,與Phillip Kim律師連絡,瞭解有關集體訴訟的更多資訊。 上述訴訟的集體尚未得到認證。在此之前,除受聘之外,律師將不會為個人提供法律服務。個人可自行選擇聘請律師,也可以作為缺席集體訴訟成員,且無需在這個時期採取任何行動。投資人在未來任何可能賠償中的分成金額與其是否為原告代表無關。 本訴訟認為,被告在整個集體訴訟期間做出虛假和/或誤導性聲明,以及/或者未能揭露:(1)獵豹移動的某些App不符合其與谷歌所簽協議的條款;(2)因此,有理由相信谷歌可能會終止其與該公司的廣告合約;(3)由於上述原因,獵豹移動吸引新用戶的能力會受到不利影響;(4)由此,有理由相信獵豹移動的營收可能會下降;以及(5) 基於上述原因,被告有關獵豹移動業務、經營和前景的正面陳述具有很大的誤導性,和/或缺少合理的基礎。訴訟稱,當真實的資訊進入市場,投資人便蒙受了損失。 法律事務所已經提起了集體訴訟案。如果您希望擔任原告代表,則必須在2020年8月24日之前向法院提出申請。原告代表是代表其他集體成員主導訴訟的代表方。如果您有意加入訴訟,請前往http://www.rosenlegal.com/cases-register-1886.html;如您有意探討自身在集體訴訟中的權利或利益,請致電法律事務所免費熱線866-767-3653或者寄送電子郵件至pkim@rosenlegal.com或cases@rosenlegal.com,與Phillip Kim律師連絡。 敬請在LinkedIn:https://www.linkedin.com/company/the-rosen-law-firm或Twitter:https://twitter.com/rosen_firm或Facebook:https://www.facebook.com/rosenlawfirm/上關注我們,瞭解最新情況。 Rosen Law Firm代表全球投資人,主要從事證券集體訴訟和股東派生訴訟。憑藉其在2017年處理的證券集體訴訟案件數量,Rosen Law Firm獲選為ISS證券集體訴訟服務排行榜中排名第一的法律事務所。自2013年以來,我們一直位居該排行榜的前三名。Rosen Law Firm已經為投資人取得數億美元的賠償。律師廣告。此前結果並不能保證類似的結果。 免責聲明:本公告之原文版本乃官方授權版本。譯文僅供方便瞭解之用,煩請參照原文,原文版本乃唯一具法律效力之版本。
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ROSEN, A TOP RANKED GLOBAL INVESTOR FIRM, Reminds Cheetah Mobile Inc. Investors of Important Deadline in Securities Class Action – CMCM
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cheetah Mobile Inc. (NYSE: CMCM) between March 25, 2019 and February 20, 2020, inclusive (the “Class Period”), of the important August 24, 2020 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for Cheetah Mobile investors under the federal securities laws. To join the Cheetah Mobile class action, go to http://www.rosenlegal.com/cases-register-1886.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. 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 RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) certain of Cheetah Mobile’s apps were not compliant with the terms of its agreements with Google; (2) as a result, there was a reasonable likelihood that Google would terminate its advertising contracts with the Company; (3) as a result of the foregoing, Cheetah Mobile’s ability to attract new users would be adversely impacted; (4) as a result, Cheetah Mobile’s revenue was reasonably likely to decline; and (5) as a result of the foregoing, defendants’ positive statements about Cheetah Mobile’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 24, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1886.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or cases@rosenlegal.com. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.
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ROSEN, A LEADING, LONGSTANDING, AND TOP RANKED FIRM, Announces Filing of Securities Class Action Lawsuit Against Cheetah Mobile Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm - CMCM
NEW YORK, July 2, 2020 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Cheetah Mobile Inc. (NYSE: CMCM) between March 25, 2019 and February 20, 2020, inclusive (the "Class...
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Investors beware: there’s a new ‘China Hustle’ · TechNode
Luckin Coffee's multi-billion-dollar collapse should alert investors to a "New China Hustle"—risks of falsified growth and management acting in bad faith.
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Border standoff: India takes aim at Chinese apps
India bans 59 Chinese apps citing national security reasons but that doesn’t fix the problem
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Shareholder Alert: Robbins LLP Announces Cheetah Mobile Inc. (CMCM) Sued for Misleading Shareholders
SAN DIEGO & BEIJING--(BUSINESS WIRE)--Shareholder rights law firm Robbins LLP announces that a purchaser of Cheetah Mobile Inc. (NYSE: CMCM) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between March 25, 2019 to February 20, 2020. Cheetah Mobile is a mobile Internet company that offers mobile utility, casual games, and live streaming products. If you suffered a loss as a result of Cheetah Mobile's misconduct, click here. Cheetah Mobile Inc. (CMCM) Accused of Misleading Shareholders According to the complaint filed in June 2020, Cheetah Mobile announced positive financial results for its fourth quarter and 2018 annual report. In the following months, Cheetah Mobile continued to issue optimistic financial outlooks. However, the Company failed to disclose that certain Cheetah Mobile apps were in violation of Google's terms of agreement and could lead to the termination the Company's Google advertising contract. On February 21, 2020, Cheetah Mobile revealed that its Google Play Store, Google AdMob, and Google AdManager accounts were disabled on February 20, 2020 "because some of the Company's apps had not been compliant with Google policies, resulting in certain invalid traffic." On this news, the Company's share price fell approximately 17% to close at $2.99 per share on February 21, 2020. On June 10, 2020, Cheetah Mobile announced in its first quarter 2020 financial results that revenues for its mobile utility product business "decreased by 62.6% year over year to RMB54.3 million in first quarter of 2020 . . . mainly due to the suspension of the Company's advertising collaborations with Google." On this news, the Company's share price fell $0.25, or more than 7%, over two consecutive trading sessions to close at $3.10 per share on June 11, 2020, and continues to decline. If you purchased Cheetah Mobile Inc. (CMCM) securities between March 25, 2019 and February 20, 2020, you have until August 24, 2020, to ask the court to be appointed lead plaintiff for the class. Contact us to learn more: Leo Kandinov (800) 350-6003 lkandinov@robbinsllp.com Shareholder Information Form Want to be notified if a class action against CMCM settles? Want to receive free alerts about companies engaged in wrongdoing? Sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome.
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Shareholder Alert: Robbins LLP Announces Cheetah Mobile Inc. (CMCM) Sued for Misleading Shareholders
SAN DIEGO & BEIJING--(BUSINESS WIRE)---- $CMCM #ClassAction--Shareholder rights law firm Robbins LLP announces that a purchaser of Cheetah Mobile Inc. (NYSE: CMCM) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between March 25, 2019 to February 20, 2020. Cheetah Mobile is a mobile Internet company that offers mobile utility, casual games, and live streaming products. If you suffered a loss as a result of Cheetah Mobile's misconduct, click here. Cheeta
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Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Cheetah Mobile, Inc. (CMCM)
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming August 25, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Cheetah Mobile, Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM) securities between March 25, 2019 and February 20, 2020, inclusive (the “Class Period”). Investors suffering losses on their Cheetah Mobile investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com. On February 21, 2020, before the market opened, Cheetah Mobile disclosed that its Google Play Store, Google AdMob, and Google AdManager accounts were disabled on February 20, 2020 “because some of the Company’s apps had not been compliant with Google policies, resulting in certain invalid traffic.” On this news, the Company’s share price fell $0.61, or nearly 17%, to close at $2.99 per share on February 21, 2020, on unusually heavy trading volume. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain of Cheetah Mobile’s apps were not compliant with the terms of its agreements with Google; (2) that, as a result there was a reasonable likelihood that Google would terminate its advertising contracts with the Company; (3) that, as a result of the foregoing, the Company’s ability to attract new users would be adversely impacted; (4) that, as a result, the Company’s revenue was reasonably likely to decline; and (5) that as a result, Defendants’ statements about the Company’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired Cheetah Mobile securities, you may move the Court no later than August 25, 2020, to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Cheetah Mobile Inc. Investors (CMCM)
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Cheetah Mobile, Inc. ("Cheetah Mobile" or the "Company") (NYSE: CMCM) securities between March 25, 2019 and February 20, 2020, inclusive (the “Class Period”). Cheetah Mobile investors have until August 25, 2020 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. On February 21, 2020, before the market opened, Cheetah Mobile disclosed that its Google Play Store, Google AdMob, and Google AdManager accounts were disabled on February 20, 2020 “because some of the Company’s apps had not been compliant with Google policies, resulting in certain invalid traffic.” On this news, the Company’s share price fell $0.61, or nearly 17%, to close at $2.99 per share on February 21, 2020, on unusually heavy trading volume. The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that certain of Cheetah Mobile’s apps were not compliant with the terms of its agreements with Google; (2) that, as a result there was a reasonable likelihood that Google would terminate its advertising contracts with the Company; (3) that, as a result of the foregoing, the Company’s ability to attract new users would be adversely impacted; (4) that, as a result, the Company’s revenue was reasonably likely to decline; and (5) that as a result, Defendants’ statements about the Company’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Cheetah Mobile securities during the Class Period, you may move the Court no later than August 25, 2020 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Cheetah Mobile securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SHAREHOLDER ACTION REMINDER: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Cheetah Mobile Inc. (“Cheetah” or “the Company”) (NYSE: CMCM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between March 25, 2019 and February 20, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before August 24, 2020. If you are a shareholder who suffered a loss, click here to participate. We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com. The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member. According to the Complaint, the Company made false and misleading statements to the market. Cheetah’s apps failed to maintain compliance with agreements with Google. Based on this compliance failure, it was reasonably likely that Google would terminate advertising contracts with the Company. This would in turn lead to a decline in revenue. Based on the facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Cheetah, investors suffered damages. Join the case to recover your losses. The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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LEAD PLAINTIFF DEADLINE: Johnson Fistel, LLP Encourages Investors to Contact the Firm | MarketScreener
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