Class Action Lawsuit Against The9, Ltd

This is a discussion on Class Action Lawsuit Against The9, Ltd within the Law News forum, part of the FORUM INFORMATION category; Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all ...

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Old Oct 24th, 2009, 01:50 PM   #1
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Default Class Action Lawsuit Against The9, Ltd

Law Offices of Howard G. Smith announces that a securities class action lawsuit has been filed on behalf of all persons or entities who purchased American Depositary Shares of The9, Ltd. ("The9" or the "Company")(Nasdaq:NCTY) between November 15, 2006 and July 15, 2009, inclusive (the "Class Period"). The class action lawsuit was filed in the United States District Court for the Southern
District of New York.

The Complaint alleges that the defendants violated federal securities laws by issuing material misrepresentations to the market concerning The9's business, prospects and financial condition, thereby artificially inflating the price of the Company`s securities.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
Law Offices of Howard G. Smith
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