SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Vipshop Holdings Limited of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of July 20, 2015 -- VIPS
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 06/01/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
or otherwise acquired securities of Vipshop Holdings Limited (NYSE: VIPS) .
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 Vipshop Holdings Limited ("Vipshop") securities between February 17, 2015 and May 11, 2015, . 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 defendants misstated and/or failed to disclose that: (a) Vipshop manipulated and overstated its sales, receivables, profit, cash flows, and asset accounts; (b) Vipshop's financial statements contain GAAP violations by reporting revenue on a gross basis even though the vast majority of its sales are under a consignment arrangement; and (c) Vipshop's internal controls over financial reporting were ineffective.
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: (212) 363-7171
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Datum: 01.06.2015 - 16:57 Uhr
Sprache: Deutsch
News-ID 397268
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