Thieler Law Corp advises investors with losses exceeding $100,000 of the May 25, 2015 lead plaintiff deadline in a class action lawsuit filed against Youku Tudou Inc (NYSE: YOKU) (“Youku Tudou” or “the Company”). The suit is pending in the U.S. District Court for the Southern District of New York and investors, who purchased Youku Tudou securities between February 27, 2014 and March 19, 2015, have until May 25, 2015 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Youku Tudou securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 866-6157 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; Youku Tudou Inc improperly recognized revenue for multi-element arrangements, improperly recorded certain nonmonetary transactions to exchange online broadcasting rights of video content with other online video broadcasting companies at the carrying values of the broadcasting rights transacted, instead of the properly-accounted fair value, improperly accounted for its licensed content as long-lived assets, lacked adequate internal controls over financial reporting, and that as a result of the foregoing, Youku Tudou Inc’s financial statements were allegedly materially false and misleading at all relevant times.

On Tuesday, March 17, 2015, Youku Tudou Inc announced that it would release its fourth quarter results on Thursday, March 19, 2015, giving investors two days-notice to prepare for Youku Tudou Inc's earnings announcement. On March 19, 2014, the Company announced that "as a result of the routine review by the Securities and Exchange Commission (the "Commission") of the Company's annual report on Form 20-F for the fiscal year ended December 31, 2013 ("2013 20-F"), the Company received, and responded to, comments and queries from the staff of the Commission regarding certain accounting treatment adopted by the Company in its historical financial statements." The issues addressed relate to Youku Tudou Inc's recognition of revenue, among other matters.

American Depositary Shares of Youku Tudou Inc (ADS) (NYSE: YOKU) dropped significantly by $13.31 per share, far less than its current 52 week high of $30.95 per share.

If you were negatively impacted by your investment in Youku Tudou securities between February 27, 2014 and March 19, 2015 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.

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