NEW YORK, Jan. 22, 2015 (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 MOL Global, Inc. ("MOL") (Nasdaq:MOLG) American Depositary Shares ("ADSs") between October 9, 2014 and November 20, 2014.
Click here to learn about the case: http://docs.wongesq.com/MOLG-Info-Request-Form-573. There is no cost or obligation to you.
The complaint alleges that MOL Global violated the Securities Act of 1933 by failing to disclose certain facts in its Registration Statement related to its October 9, 2014 Initial Public Offering.
On November 1, 2014, MOL Global announced that the Company had rescheduled the release of its third quarter 2014 financial results. Then on December 1, 2014, the Company announced it would restate its financial statements for the three month periods ended March 31, 2014 and June 30, 2014, and the six month period ended June 30, 2014, due to incorrect reporting of its payment business by Vietnamese subsidiary Nganluong Joint Stock Company.
If you suffered a loss in MOL you have until January 23, 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 Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/MOLG-Info-Request-Form-573.
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 Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: firstname.lastname@example.orgSource:The Law Offices of Vincent Wong