Lost Money in Cheetah Mobile Inc.?

Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

Cheetah Mobile Inc. shares fell over 16% after the company confirmed that its apps were banned from the Google Play Store, Google AdMob and Google AdManager. Gibbs Law Group is investigating a potential Cheetah Mobile Stock Class Action Lawsuit on behalf of investors who lost money in Cheetah Mobile Inc. (NYSE: CMCM).

To speak with an attorney regarding this class action lawsuit investigation, click here or call (888) 410-2925.

On February 21, 2020, Cheetah Mobile stock dropped after the company confirmed that its apps had been banned from the Google Play Store, Google AdMob, and Google AdManager. In the first three quarters of 2019, 22.6% of Cheetah Mobile’s revenue purportedly came from its contracts with Google.

Cheetah Mobile previously had two of its apps removed in 2018 from the Google Play store after an investigation by Buzzfeed alleged it had been engaging in ad fraud.

While Cheetah Mobile says it is in “continuous communication with Google to appeal the decision,” the company has also said it may adopt . . . requisite remedial measures in response to Googles claim that Cheetah Mobile apps have been noncompliant with Google policies.

On this news, Cheetah Mobiles stocks dropped over 16% in one day, causing significant harm to investors.

What Should Cheetah Mobile Investors Do?

If you invested in Cheetah Mobile, visit our website or contact our securities team directly at (888) 410-2925 to discuss how you may be able to recover your losses. Our investigation concerns whether Cheetah Mobile Inc. has violated federal securities laws.

About Gibbs Law Group

Gibbs Law Group represents individual and institutional investors throughout the country in securities litigation to correct abusive corporate governance practices, breaches of fiduciary duty, and proxy violations. The firm has recovered over a billion dollars for its clients against some of the worlds largest corporations, and our attorneys have received numerous honors for their work, including Best Lawyers in America, Top Plaintiff Lawyers in California, California Lawyer Attorney of the Year, Top Class Action Attorneys Under 40, Consumer Protection MVP, and Top Cybersecurity/ Privacy Attorneys Under 40.

This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


PHONE: 510.350.9728

EMAIL: [email protected]