EQUITY ALERT: The Rosen Law Firm Files Securities Class

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
EQUITY ALERT: The Rosen Law Firm Files Securities Class Action Against Jumei International Holding Limited to Recover Investor Losses -- JMEI

NEW YORK, Dec. 12, 2014 (GLOBE NEWSWIRE) -- The Rosen Law Firm, a global investor rights firm, announced today that it has filed a class action lawsuit on behalf of all purchasers of the securities of Jumei International Holdings Limited between May 16, 2014 and November 20, 2014.

To join the Jumei class action, go to the website at http://rosenlegal.com/cases-463.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 case filed by the firm is pending in the U.S. District Court for the Eastern District of New York.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According to the lawsuit, defendants made false and misleading statements and/or failed to disclose that: (1) Jumei was changing its revenue model by transiting away from marketplace services to merchandise sales; (2) this transition posed a significant risk to the Jumei's previously successful financial performance; and (3) Jumei was not expanding its marketplace services as claimed. As a result, the lawsuit claims that when these adverse facts became known, the value of Jumei's securities dropped, damaging investors.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 10, 2015. If you wish to join the litigation 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 focuses on prosecuting securities class action litigation and actions involving financial fraud. The Rosen Law Firm represents investors throughout the globe.

Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm P.A. 275 Madison Avenue 34th Floor New York, New York 10016 Tel: (212) 686-1060 Toll Free: 1-866-767-3653 Fax: (212) 202-3827 www.rosenlegal.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

CME Group Unveils First Baseball Futures Market

Updated Category News Views 6

A New Pitch in the Financial Ballpark Alright, listen up: CME Group is stepping up to the plate with a game-changer. They’re rolling out the world’s first baseball futures, launching October 12, assuming regulators give the green light. Now, this isn’t just some novelty act; it’s based on the solid groundwork of their FutureSports Performance Indexes (CME FSPI),...

Continue Reading
Elevest Unveils MADE: Shaping Wealth for Athletes, Artists

Updated Category News Views 3

Turning Talent Into Tangible Wealth Ask any musician or athlete, and they'll tell you—riding those career highs is exhilarating, but financial stability can be a different ballgame. Here comes Elevest Capital with a fresh move meant to set the players right where many falter: long-term ownership. They're rolling out MADE, a new initiative focused on flipping that burst...

Continue Reading
Ingram Mercantile's Aviation Push: SCORE or Sink?

Updated Category News Views 3

Unpacking Neobanx's Strategic Play Straight off the tarmac, Neobanx launches Ingram Mercantile, placing their bets on the aviation sector with none other than Eli Stepp at the helm. This ain't just another day in the sky for those in the know; it's part of a gutsy bid to inject some high-octane intelligence into the world of retail. I mean, have you seen the landscape...

Continue Reading
Teamsters Secure Landmark Deal for SF Parking Workers

Updated Category News Views 5

Major Win for San Francisco's Parking Professionals Parking lots and garages across San Francisco might not be the first places you’d look for labor triumphs, but that’s exactly what almost 1,000 members of Teamsters Local 665 have achieved. Under a newly ratified four-year master contract, these parking pros snagged one of the richest deals the industry has seen. A...

Continue Reading
Ajman Tourism Department Hits Internal Audit Milestone

Updated Category News Views 4

A Nod to Standards in Ajman's Tourism Department Folks, it's not every day you see a government department get this kind of spotlight in the internal audit arena, yet here we are. The Ajman Department of Tourism, Culture and Media has snagged Full Conformance with Internal Audit Quality Standards. That’s not just some random feather in their cap but a signal flare in...

Continue Reading
Moore, Schulman & Moore Attorneys Earn Top Honors Again

Updated Category News Views 2

In the realm of family law, consistency in excellence matters just as much as landing a high-stakes stock trade. Moore, Schulman & Moore, APC, a San Diego family law outfit, has grabbed the spotlight yet again with nine of its ace attorneys snagging recognition from the 2027 Super Lawyers roster. A Tradition of Professional Recognition Leading the pack is Erik Moore, a...

Continue Reading
Rutter Mills Secures $13M in Virginia Injury Cases

Updated Category News Views 5

The Stakes in Virginia When you drop nine successful injury cases on the scales and they tip over $13 million, that's a story worth dissecting. The two top dogs at Rutter Mills certainly know how to make a splash in the legal puddle, don't they? We're talking about attorneys Adam H. Lotkin and Georgina D. Montgomery here, the legal eagles behind these jaw-dropping...

Continue Reading
Steel Dynamics Gears Up for Q3 2026 Earnings Update

Updated Category News Views 7

Steel Dynamics Preps for Key Earnings Report Folks, we're staring down the barrel of another quarterly earnings report from Steel Dynamics, Inc., and you can bet this one is gonna have plenty of eyes glued. October 19th, 2026, that's when they'll peel back the curtain on how they fared in Q3. Now, buckle up, because this isn't just a numbers game—it’s a snapshot of...

Continue Reading
Hexaware Teams with Anthropic for Game-Changing AI Move

Updated Category News Views 4

A Bold AI Partnership on the Horizon Mutual back-slapping or a deal with authentic grit? Hexaware’s latest tango with Anthropic might just be the jolt enterprises need. Announced under the flickering fluorescent lights of Mumbai, London, and Iselin, Hexaware’s multi-year partnership with Anthropic thrusts Claude, their razor-sharp AI, right into the mix of...

Continue Reading
Striveworks: Boosting Army's AI Edge in Indo-Pacific

Updated Category News Views 6

The world keeps marching forward, and here’s Striveworks stepping up to the plate with another big move in the military tech space. This isn't your average partnership renewal; this involves a five-year, $200 million deal to enhance battlefield AI as the U.S. Army hones its modern warfare edge in the Indo-Pacific. Now, this isn't just a battle of strategies but a battle...

Continue Reading

Top 5 Most Recently Viewed Articles

Steel Pipe Market Analysis: Growth Trends and Insights

Updated Category News Views 187

Growth Projections for the Steel Pipe Market The global steel pipe market is on track for sustained growth. As we look toward the future, various factors drive this upward trajectory, primarily fueled by heightened industrialization, advancements in infrastructure, and a pressing demand for energy. Currently estimated at USD 105.6 billion in market value for 2025, this...

Continue Reading
Taicend Technology's Pressure Relief Innovations Captivate Industry

Updated Category News Views 42

Taicend Technology's Impact at Düsseldorf Medica Taicend Technology has made a remarkable impression at the Düsseldorf Medica event, showcasing its cutting-edge Pressure Relief Series. This prominent medical trade fair serves as a vital venue for leaders in the healthcare industry to converge and exchange progressive ideas. Taicend seized this opportunity to demonstrate...

Continue Reading
MiniLuxe: Celebrating Excellence in Beauty with Major Awards

Updated Category News Views 98

A Celebration of Excellence at MiniLuxe In the vibrant world of beauty and wellness, accolades hold immense significance. Recently, MiniLuxe Holding Corp. (TSXV: MNLX), a prominent player in the industry, has been basking in the glow of exceptional recognition. Their very own Ms. Melanie Pot has been honored with the Provider of the Year award in the Nail Services...

Continue Reading
Parsons Corporation and IBM Unite for Advanced Air Traffic Control

Updated Category News Views 256

Parsons Corporation Collaborates with IBM The recent partnership between Parsons Corporation (NYSE: PSN) and IBM marks a significant step towards modernizing the air traffic control infrastructure in the United States. This joint effort aligns with the strategic vision shared by leaders in the transportation sector, emphasizing the need for a state-of-the-art system...

Continue Reading
Nasdaq, Inc. Enhances Financial Strategy Through Tender Offers

Updated Category News Views 74

Nasdaq, Inc. Enhances Financial Strategy Through Tender Offers Nasdaq, Inc. (NASDAQ: NDAQ) has made significant strides in reshaping its financial strategy through recent tender offers aimed at optimizing its outstanding debt. The company has stated the amounts payable for its offers to purchase outstanding senior notes, showing a commitment towards managing its debt...

Continue Reading