{"id":389089,"date":"2020-11-27T11:03:17","date_gmt":"2020-11-27T16:03:17","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=389089"},"modified":"2020-11-27T11:03:17","modified_gmt":"2020-11-27T16:03:17","slug":"rosen-trusted-investor-counsel-reminds-joyy-inc-investors-of-important-deadline-in-securities-class-action-first-filed-by-the-firm-encourages-investors-with-losses-in-excess-of-100k-to-contact-th","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-trusted-investor-counsel-reminds-joyy-inc-investors-of-important-deadline-in-securities-class-action-first-filed-by-the-firm-encourages-investors-with-losses-in-excess-of-100k-to-contact-th\/","title":{"rendered":"ROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 YY"},"content":{"rendered":"

<\/p>\n

ROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 YY<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nRosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of JOYY Inc. (NASDAQ: YY), between April 28, 2016 and November 18, 2020, inclusive (the \u201cClass Period\u201d) of the important January 19, 2021 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for JOYY investors under the federal securities laws.\n<\/p>\n

\nTo join the JOYY class action, go to http:\/\/www.rosenlegal.com\/cases-register-1988.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.\n<\/p>\n

\nAccording to the lawsuit, defendants throughout the Class Period made false and\/or misleading statements and\/or failed to disclose that: (1) JOYY dramatically overstated its revenues from live streaming sources; (2) the majority of users at any given time were bots; (2) the Company utilized these bots to effect a roundtripping scheme that manufactured the false appearance of revenues; (3) the Company overstated its cash reserves; (4) the Company\u2019s acquisition of Bigo was largely contrived to benefit corporate insiders; and (5) as a result, defendants\u2019 public statements were materially false and\/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.\n<\/p>\n

\nA class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 19, 2021<\/b>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http:\/\/www.rosenlegal.com\/cases-register-1988.html<\/a> or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a>.\n<\/p>\n

\nNO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR\u2019S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.\n<\/p>\n

\nFollow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a> or on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm<\/a>.\n<\/p>\n

\nRosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm\u2019s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201127005111\/en\/<\/a><\/span><\/p>\n

\nLaurence Rosen, Esq.
\n
Phillip Kim, Esq.
\n
The Rosen Law Firm, P.A.
\n
275 Madison Avenue, 40th<\/sup> Floor
\n
New York, NY 10016
\n
Tel: (212) 686-1060
\n
Toll Free: (866) 767-3653
\n
Fax: (212) 202-3827
\n
lrosen@rosenlegal.com
\n<\/a>
pkim@rosenlegal.com
\n<\/a>
cases@rosenlegal.com
\n<\/a>
www.rosenlegal.com<\/a><\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

ROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 YY NEW YORK–(BUSINESS WIRE)– Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of JOYY Inc. (NASDAQ: YY), between April 28, 2016 and November 18, 2020, inclusive (the \u201cClass Period\u201d) of the important January 19, 2021 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for JOYY investors under the federal securities laws. To join the JOYY class action, go to http:\/\/www.rosenlegal.com\/cases-register-1988.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com … <\/p>\n

Continue reading “ROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 YY”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-389089","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. 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To join the JOYY class action, go to http:\/\/www.rosenlegal.com\/cases-register-1988.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com … Continue reading "ROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. 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Investors of Important Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $100K to Contact the Firm \u2013 YY\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-trusted-investor-counsel-reminds-joyy-inc-investors-of-important-deadline-in-securities-class-action-first-filed-by-the-firm-encourages-investors-with-losses-in-excess-of-100k-to-contact-th\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-27T16:03:17+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201127005111r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-trusted-investor-counsel-reminds-joyy-inc-investors-of-important-deadline-in-securities-class-action-first-filed-by-the-firm-encourages-investors-with-losses-in-excess-of-100k-to-contact-th\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/rosen-trusted-investor-counsel-reminds-joyy-inc-investors-of-important-deadline-in-securities-class-action-first-filed-by-the-firm-encourages-investors-with-losses-in-excess-of-100k-to-contact-th\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ROSEN, TRUSTED INVESTOR COUNSEL, Reminds JOYY Inc. 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