NEW YORK, Nov. 05, 2015 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the USDC for the Central District of California on behalf of investors who purchased ChinaCache International Holdings Ltd. (“ChinaCache International” or the “Company”) (Nasdaq:CCIH) common stock between April 11, 2015 and August 20, 2015.
Click here to learn about the case: http://docs.wongesq.com/CCIH-Info-Request-Form-957. There is no cost or obligation to you.
According to the lawsuit, throughout the Class Period, defendants issued materially false and misleading statements to investors and/or failed to disclose that (1) the platform migration to the High Performance Cloud Cache (“HPCC”) was not successful; (2) the platform migration to HPCC posed the risk of a negative impact on the Company’s financial performance; (3) as a result of the unsuccessful migration, the Company’s revenue for the second quarter of 2015 would be below expectations; and (4) as a result, the Company’s public statements were materially false and misleading and/or lacked a reasonable basis at all relevant times.
If you suffered a loss in ChinaCache International you have until December 8, 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 firstname.lastname@example.org, by telephone at 212.425.1140, or visit http://docs.wongesq.com/CCIH-Info-Request-Form-957.
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: email@example.com
Source:The Law Offices of Vincent Wong