Le Lézard
Classified in: Business
Subject: ATY

SHAREHOLDER ALERT: Class Action Lawsuit Filed Against Gridsum Holdings (GSUM); Block & Leviton Encourages Investors To Contact The Firm


BOSTON, April 26, 2018 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, announces that a class action lawsuit has been filed against Gridsum Holdings ("Gridsum" or the "Company") (Nasdaq: GSUM) and certain of its officers and directors alleging violations of the federal securities laws and reminds investors of the June 25, 2018 lead plaintiff deadline.

The lawsuit, filed in the United States District Court for the Southern District of New York, alleges that Gridsum and its executives issued false press releases that did not fairly present the financial condition and results of operations of the Company during a class period between April 27, 2017 and April 20, 2018.

If you purchased Gridsum stock between April 27, 2017 and April 20, 2018 and wish to serve as a lead plaintiff, you must move the Court no later than June 25, 2018. As a member of the class, you may seek to file a motion to serve as a lead plaintiff or take no action and remain an absent class member. If you wish to become involved in the litigation or have questions about your legal rights, you are encouraged to contact attorney Jacob Walker at (617) 398-5600, by email at [email protected], or by visiting www.blockesq.com/gridsum

Confidentiality to whistleblowers or others with information relevant to this investigation is assured.

Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.

This notice may constitute attorney advertising.

CONTACT:

Jacob Walker
Block & Leviton LLP
(617) 398-5600
[email protected]

SOURCE Block & Leviton LLP


These press releases may also interest you

at 13:50
Blue Bird Corporation , the leader in electric and cleaner-emission school buses, will release its fiscal 2024 second quarter financial results on May 8, 2024. The public is invited to attend an audio webcast in which Blue Bird executives Phil...

at 13:48
Tri Ri Asset Management Corp today disclosed a strategic transition in its leadership, effective immediately. Asad Ali, the incumbent Chief Investment Officer, will pivot to a leadership role within Tri Ri's Venture Fund following a brief hiatus....

at 13:45
ESET Inspect has been integrated into Arctic Wolf's Managed Detection and Response solution to provide proactive defense via their cloud-native platform and human expertiseArctic Wolf customers will gain access to real-time global telemetry, detailed...

at 13:43
Guaranteed Rate, the second largest retail mortgage lender in the country, toasts William "Bill" Loser, CPA, the company's Senior Vice President and Controller, for landing on the coveted list of HousingWire's 2024 Rising Stars in Real Estate and...

at 13:38
The federal government recently delivered Budget 2024: Fairness for Every Generation. It is a plan to build a Canada that works better for everyone, where younger generations can get ahead, where their hard work pays off, and where they can buy a...

at 13:37
HRP, a leader in sustainable redevelopment, proudly celebrated Earth Day 2024 in major cities across the United States that are home to some of the company's transformational projects. HRP's unique approach to redevelopment prioritizes environmental,...



News published on and distributed by: