Last ¥12,730 JPY
Change Today +135.00 / 1.07%
Volume 429.6K
As of 2:00 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
PR Newswire  06/19/2014 6:04 PM ET
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of China Mobile Games and Entertainment Group Limited - CMGE

NEW YORK, June 19, 2014 /PRNewswire/ --  Pomerantz LLP is investigating claims on behalf of investors of China Mobile Games and Entertainment Group Limited, Inc. ("China Mobile Games" or the "Company") (NASDAQ: CMGE).   Such investors are advised to contact Robert S. Willoughby at or 888-476-6529, ext. 237.

The investigation concerns whether China Mobile Games and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.  

On June 19, 2014, shares of China Mobile Games fell sharply, after the company reportedly terminated a total of nine executives, including President Ying Shuling. The news was reported by Sina Tech, according to Bloomberg.  These executives were allegedly involved in "bribery with game developers."

On this news, shares of China Mobile Games fell $4.25 per share to $14.65, or more than 22.47%, in intraday trading on June 19, 2014.

The Pomerantz Firm, with offices in New York, Chicago, San Diego and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See

Robert S. Willoughby
Pomerantz LLP

SOURCE Pomerantz LLP


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
7974:JP ¥12,730.00 JPY +135.00

Industry News

Bitcoin Brands Launches Campaign on SpikeTV Tonight
MobileIron Supports Amazon Fire

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NINTENDO CO LTD, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at