NEW YORK, Jan. 28, 2015 /PRNewswire/ -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the USDC for the Eastern District of New York on behalf of investors who purchased Jumei International Holding Limited ("Jumei" or the "Company") (NYSE: JMEI) securities between its May 16, 2014 Initial Public Offering and November 20, 2014.
For more information, click here: http://zlk.9nl.com/jumei-international-jmei.
The complaint alleges that during the Class Period Jumei made false and misleading statements and/or failed to disclose that: (a) it was changing its revenue model by transitioning away from marketplace services to merchandise sales; (b) this transition posted a significant risk to Jumei's previously successful financial performance; (c) and Jumei was not expanding its marketplace services as claimed.
If you suffered a loss in Jumei you have until February 10, 2015 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 Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/jumei-international-jmei.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. Our attorneys have extensive expertise in prosecuting securities lawsuits involving financial fraud, representing investors both large and small throughout the nation and helping to recover millions of dollars in losses over the years. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
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