Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses in Excess of $100,000 Investing in China Mobile Games and Entertainment Group Limited to Contact the Firm

By Business Wire,  June 21, 2014, 11:30:00 AM EDT


NEW YORK--(BUSINESS WIRE)-- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at China Mobile Games and Entertainment Group Limited ("China Mobile" or the "Company") (NASDAQ:CMGE).

On June 19, 2014, TheStreet.com reported that the president of China Mobile, along with 8 other executives, were removed from the Company in connection with allegations of bribery.

Following this news, the Company's shares dropped $4.26, or over 22%, to close at $14.63 on June 19, 2014.

Request more information now by clicking here:www.faruqilaw.com/CMGE. There is no cost or obligation to you.

Take Action

If you invested in China Mobile stock prior to June 19, 2014 and would like to discuss your legal rights, visit www.faruqilaw.com/CMGE. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to rgonnello@faruqilaw.com. Faruqi & Faruqi, LLP also encourages anyone with information regarding China Mobile's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

Attorney Advertising. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We welcome the opportunity to discuss your particular case. All communications will be treated in a confidential manner.

Source: Faruqi & Faruqi, LLP



This article appears in: News Headlines

Referenced Stocks: CMGE


Latest News Video

Typo Turned Learning Tool
Typo Turned Learning Tool           




Most Active by Volume

Company Last Sale Change Net / %
AAPL $ 103.665 1.17 ▲ 1.14%
SIRI $ 3.63 unch
BAC $ 16.155 0.07 ▲ 0.40%
TWTR $ 50.9399 1.19 ▲ 2.39%
SPLS $ 12.455 0.78 ▲ 6.64%
PBR $ 19.59 0.02 ▲ 0.10%
FB $ 75.67 0.85 ▲ 1.14%
CPWR $ 10.53 1.18 ▲ 12.62%

As of 9/2/2014, 10:23 AM