Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. NASDAQ OMX GlobeNewswire Message Board

TRADING ALERT: Rosen Law Firm Reminds MOL Global,

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 301275
Posted On: 12/11/2014 6:00:08 PM
Avatar
Posted By: News Desk 2018
TRADING ALERT: Rosen Law Firm Reminds MOL Global, Inc. Investors of Important Class Action Deadline -- MOLG

NEW YORK, Dec. 11, 2014 (GLOBE NEWSWIRE) -- Rosen Law Firm reminds purchasers of MOL Global, Inc. securities (Nasdaq: MOLG ) during the period between October 9, 2014 and November 20, 2014 of the important January 26, 2015 lead plaintiff deadline in the class action.

To join the MOL Global class action, go to the website http://www.rosenlegal.com/cases-445.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

The Complaint alleges that Defendants misled MOLG investors by misrepresenting or concealing that: (1) MOLG was overstating its revenue and profit; (2) MOLG's business model could not sustain the growth trends touted to investors; and (3) MOLG would not be able to report its third quarter 2014 financial results on November 21, 2014, as previously stated.

On October 9, 2014, MOL Global sold 13.5 million shares in its initial public offering (the "IPO"). On November 20, 2014, less than two months later, MOL Global announced it would delay release of its third quarter 2014 financial results and also that its Chief Financial Officer, Allan Wong, had resigned.

On November 21, 2014, Deutsche Bank warned investors about shares in MOLG, saying MOL's recent announcement was "potentially ominous."

On this news, MOLG's share price dropped $4.77/share, or more than 50%, on November 21, 2014. MOLG's share price has declined more than 60% since its IPO on October 9, 2014

If you wish to join the class action at no cost, go to http://www.rosenlegal.com/cases-445.html or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com .

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Laurence Rosen, Esq. Phillip Kim, Esq. Jonathan Horne, Esq. The Rosen Law Firm P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 www.rosenlegal.com



(0)
(0)








Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us