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Bronstein, Gewirtz & Grossman, LLC Announces Investigation of Momo Inc. (MOMO)

/EIN News/ -- NEW YORK, May 16, 2019 (GLOBE NEWSWIRE) -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Momo Inc. (“Momo” or the “Company”) (NASDAQ: MOMO). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/momo.

The investigation concerns whether Momo and certain of its officers and/or directors have violated federal securities laws.

On April 29, 2019, Momo disclosed that the Company’s Tantan social and dating mobile app had been removed from certain mobile app stores at the direction of Chinese authorities.

On this news, Momo’s American depositary receipt price fell $2.51 per share, or 6.81%, to close at $34.36 on April 29, 2019.

If you are aware of any facts relating to this investigation, or purchased Momo shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/momo. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. 

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | info@bgandg.com

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Distribution channels: Consumer Goods, Law


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