Class Action Cases

Weibo lacks a requisite internet audio/video program transmission license. Click "Join this Class Action" above.

Attorneys

Weibo Corporation

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The Pawar Law Group announces a class action lawsuit on behalf of Weibo Corporation (WB) investors who purchased Weibo stock between April 27, 2017 and June 22, 2017, inclusive (the “Class Period”). The suit is for recovery of investor losses.

Press Release

According to the lawsuit, throughout the Class Period Defendants made false and/or misleading statements and/or failed to disclose that: (1) Weibo lacks a requisite internet audio/video program transmission license; (2) Weibo was posting certain commentary programs with content in violation of Chinese government regulations on its site; and (3) as a result, Defendants’ public statements were materially false and misleading at all relevant times When the true details entered the market, the lawsuit claims that investors suffered damages.

If you wish to serve as lead plaintiff, you must move the Court no later than August 28, 2017. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. You may join the case here: http://pawarlawgroup.com/cases/weibo-corporation or email Vik Pawar, Esq. at vik@pawarlawgroup.com

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Contact:

Vik Pawar, Esq.
Pawar Law Group
20 Vesey Street, Suite 1210
New York, NY 10007
Tel: (212) 571-0805
Fax: (212) 571-0938
vik@pawarlawgroup.com