Xunlei Limited


Case Summary
Company Name: Xunlei Limited
Stock Symbol : NASDAQ: XNET
Class Period Start: 10/10/2017
Class Period End: 01/11/2018
Lead Plaintiff motion: 03/20/2018
Date Filed: 01/18/2018
Type of Case: Securities Class Action
Court: U.S. District Court for the Southern District of New York

Thieler Law Corp advises investors with losses exceeding $100,000 of the March 20, 2018 lead plaintiff deadline in a class action lawsuit filed against Xunlei Limited (NASDAQ: XNET) (“Xunlei” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Xunlei Limited securities between October 10, 2017 and January 11, 2018, have until March 20, 2018 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Xunlei Limited securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

The complaint alleges that during the Class Period defendants made false and misleading statements and/or allegedly failed to disclose that Xunlei had engaged in unlawful financial activity; OneCoin was a form of disguised Initial Coin Offering; Xunlei was engaged in the promotion of an Initial Miner Offering; and as a result of the foregoing, Defendants’ statements about Xunlei’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

On October 12, 2017, the Company initiated its blockchain-based product "OneCoin" to the market. Xunlei customers could then receive OneCoin for contributing their bandwidth and use OneCoin to purchase Company products, goods and services.

If you were negatively impacted by your investment in Xunlei Limited securities between October 10, 2017 and January 11, 2018 and would like to learn more about this lawsuit and your ability to participate as a lead plaintiff, please contact us for your no-cost evaluation.

Thieler Law Corp purchases advertisements on search engines, social media sites and other websites. If you send us information, note that does not create an attorney-client relationship with the firm.

Thieler Law Corp

2534 State Street - Suite 406,

San Diego, CA 92101


email: mail@thielerlaw.com


telephone at +1 (619) 377 - 4324


visit our website http://www.thielerlaw.com/


Facsimile: +1 (619) 785 – 3185

Buy date (mm/dd/yyyy) Number of shares Price per share
Sell date (mm/dd/yyyy) Number of shares Price per share
Please wait...