Cases
Gridsum Holding Inc. (NASDAQ: GSUM)
Securities Class Action
Overview
Overview
- Date:
- 4/26/2018
- Company Name:
- Gridsum Holding, Inc.
- Stock Symbol:
- GSUM
- Class Period:
- FROM 4/27/2016 TO 2/20/2018
- Status:
- Closed/Complete
- Court:
- U.S. District Court: Southern District of New York
NEW YORK, April 26, 2018 – Bragar Eagel & Squire, P.C. announces to investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Gridsum Holding Inc.(NYSE: GSUM) securities between April 27, 2016 and February 20, 2018 (the “Class Period”). Investors have until June 25, 2018 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Gridsum lacked effective internal control over financial reporting; (2) consequently, Gridsum’s financial statements were inaccurate and misleading, and did not fairly present, in all material respects, the financial condition and results of operations of the Company; and (3) as a result of the foregoing, Gridsum’s public statements were materially false and misleading at all relevant times.
If you purchased or otherwise acquired Gridsum securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint alleges that Defendants made materially false and/or misleading statements and/or failed to disclose that: (1) Gridsum lacked effective internal control over financial reporting; (2) consequently, Gridsum’s financial statements were inaccurate and misleading, and did not fairly present, in all material respects, the financial condition and results of operations of the Company; and (3) as a result of the foregoing, Gridsum’s public statements were materially false and misleading at all relevant times.
If you purchased or otherwise acquired Gridsum securities during the Class Period or continue to hold shares purchased prior to the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.