SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

August 14, 2014 15:01 ET

UPCOMING DEADLINE: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against China Mobile Games and Entertainment Group Limited and Its Board of Directors and a Lead Plaintiff Deadline of August 19, 2014 -- CMGE

NEW YORK, NY--(Marketwired - Aug 14, 2014) - Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased China Mobile Games and Entertainment Group Limited ("China Mobile" or the "Company") (NASDAQ: CMGE) securities between September 20, 2012 and June 19, 2014.

For more information, click here: http://zlk.9nl.com/china-mobile-games-entertainment-cmge.

The complaint alleges that during the Class Period the Company issued false and/or misleading statements and failed to disclose material adverse facts. In particular it is alleged that the Company failed to disclose or made material false statements regarding the Company's engagement in a bribery scheme within its game publishing business, undisclosed related party transactions, and inadequate internal controls.

On June 14, 2014, China Mobile disclosed the suspension of nine senior executives, including its President.

If you suffered a loss in China Mobile you have until August 19, 2014 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/china-mobile-games-entertainment-cmge

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm's 26 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 Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    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
    www.zlk.com