SOURCE: Goldfarb Branham LLP

Goldfarb Branham LLP

June 30, 2011 15:59 ET

Goldfarb Branham Law Firm LLP Announces Class Action Lawsuits Against Yahoo! Inc.

DALLAS, TX--(Marketwire - Jun 30, 2011) - Goldfarb Branham LLP announced that several class action lawsuits have been filed on behalf of Yahoo! Inc. (NASDAQ: YHOO) investors who purchased shares of Yahoo! between April 19, 2011 and May 13, 2011. Concerned Yahoo! investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com to discuss their rights and remedies.

"According to the complaints filed in the Northern District of California, the true value of an important asset of a Chinese strategic partnership was significantly overstated -- by billions," said Hamilton Lindley, a securities lawyer with the firm. "When this was revealed, Yahoo!'s stock plummeted 15% in one day alone. Our proposed lawsuit seeks to install better corporate governance at Yahoo! to deter these actions for company shareholders."

Goldfarb Branham represents individual and institutional shareholders in securities litigation nationwide. The firm has been selected as lead counsel on high profile shareholder lawsuits. Current Yahoo! investors with questions or concerns, or individuals with knowledge about the allegations in the complaints, should contact securities lawyer Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com.

Contact Information

  • Hamilton Lindley
    Goldfarb Branham LLP
    2501 N. Harwood, Ste. 1801
    Dallas, TX 75201
    (877) 583-2855 Toll Free
    (214) 583-2233 Telephone
    (214) 583-2234 Facsimile
    Email Contact
    www.goldfarbbranham.com