EQUITY ALERT: Rosen Law Firm Continues Investigation of Securities Claims Against Cheetah Mobile Inc. - CMCM

NEW YORK, Nov. 7, 2017 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it is continuing to investigate potential securities claims on behalf of shareholders of Cheetah Mobile Inc. (NYSE: CMCM) resulting from allegations that Cheetah Mobile may have issued materially misleading business information to the investing public.

On October 26, 2017, Prescience Point Research Group published a report asserting, among other things, that approximately 55% of Cheetah Mobile's reported consolidated revenue does not exist. On this news, shares of Cheetah fell $0.37 per share or over 4% to close at $8.05 per share on October 26, 2017.

Rosen Law Firm is investigating a class action lawsuit against Cheetah Mobile to recover losses suffered by Cheetah investors. If you purchased shares of Cheetah Mobile, please visit the firm's website at http://www.rosenlegal.com/cases-1224.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or kchan@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.

Attorney Advertising.  Prior results do not guarantee a similar outcome.

Contact Information:

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

View original content with multimedia:http://www.prnewswire.com/news-releases/equity-alert-rosen-law-firm-continues-investigation-of-securities-claims-against-cheetah-mobile-inc---cmcm-300551146.html

SOURCE Rosen Law Firm, P.A.