SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of iDreamSky Technology Limited of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of June 1, 2015 -- DSKY

(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 04/13/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
or otherwise acquired (NASDAQ: DSKY) .
that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New York. If you purchased or otherwise acquired iDreamSky Technology Limited ("iDreamSky") ADSs between August 8, 2014 and March 13, 2015 or pursuant to the IPO, . To get more information, :
or contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
The complaint alleges that throughout the Class Period defendants concealed from the investing public that: (a) the Company had overstated its ability to monetize its user base and effectively integrate its distribution channels; (b) as a result, the Company had to lower its earnings guidance; and (c) as a result of the foregoing, the Company's statements about its business, operations, and prospects were materially false and/or lacked a reasonable basis.
to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
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Bereitgestellt von Benutzer: Marketwired
Datum: 13.04.2015 - 15:01 Uhr
Sprache: Deutsch
News-ID 385227
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