Thieler Law Corp Announces Investigation of Cheetah Mobile Inc

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of Cheetah Mobile Inc (NYSE: CMCM) violated securities laws in connection with certain financial statements.

The investigation seeks to discover if possible claims on behalf of purchasers of the securities of Cheetah Mobile Inc (NYSE: CMCM) concerning whether a series of statements by Cheetah Mobile Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On October 26, 2017, a report released by Prescience Point Research Group claimed, among other things, that approximately 55% of Cheetah Mobile’s reported consolidated revenue does not exist.

Following this news, NYSE: CMCM dropped $0.37 per share or over 4% to close at $8.05 per share on October 26, 2017.

Based in Beijing, China, and founded in 2009 Cheetah Mobile Inc operates a platform that offers mobile and personal computer (PC) applications for its users and global content promotional channels.

If you purchased shares of Cheetah Mobile Inc (NYSE: CMCM) on or before October 26, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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