Lead Plaintiff Deadline is December 8, 2015

NEW YORK, Oct. 16, 2015 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a  class action lawsuit has been commenced in the United States District Court for  the Central  District  of  California  on  behalf  of  purchasers  of   ChinaCache International Holdings  Ltd.  (Nasdaq:CCIH) (“ChinaCache”  or  the  “Company”) American Depositary Receipt securities  during  the period  between April  11, 2015  and August  20,  2015, inclusive (the  “Class Period”).   Shareholders  of  ChinaCache International Holdings  Ltd.   who    incurred  losses  on shares purchased within the Class Period are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774.

If you purchased the shares of ChinaCache International Holdings Ltd. during the period April 11, 2015  and August  20, 2015, inclusive, you may, no later than December 8, 2015, request that the Court appoint you lead plaintiff of the proposed class.

The complaint accuses the defendants of violations of the Securities  Exchange Act of 1934 by virtue of the defendants’ failure to disclose during the  Class Period that the Company’s platform  migration to High Performance Cloud  Cache was not  successful and  posed the  risk  of a  negative impact  on  financial performance.

According to  the complaint,  following  the Company’s  disclosure that  as  a result of the  unsuccessful migration,  the Company’s revenue  for the  second quarter of  2015  was  below  expectations. On August 20, 2015, ChinaCache announced its second quarter 2015 financial results in which Chairman and Chief Executive Officer of ChinaCache, Mr. Song Wang, admitted that ChinaCache was currently experiencing some platform issues, which have impacted its revenues. On this news, shares of ChinaCache fell $2.92 per share or over 34% to close at $5.59 per share on August 21, 2015.

Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country.  The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego.  The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.

If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein Adler Freeman & Herz LLP by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.  All e-mail correspondence should make reference to the “ChinaCache Investigation.”

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

Contact:

Wolf Haldenstein Adler Freeman & Herz LLP 
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774

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