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INVESTIGATION ALERT REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Cheetah Mobile Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

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The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Cheetah Mobile Inc. (Cheetah Mobile or the Company) (NYSE: CMCM) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Buzzfeed News reported on November 26, 2018, that Cheetah Mobile Apps have been exploiting user permissions after being downloaded from the Google Play store, for purposes of an ad fraud scheme. According to Buzzfeed, the Companys apps tracked when users downloaded new apps and used this data to inappropriately claim credit for having caused the download. Buzzfeed alleges that two Cheetah Mobile apps were removed from Google Play after the article was released. Based on this news, Cheetah Mobiles share price fell more than 37% in the next few trading sessions.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at [email protected].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
310-301-3335
[email protected]
www.schallfirm.com

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