NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm announces that it is investigating potential securities claims against MOL Global, Inc. (NASDAQ:MOLG) resulting from allegations that MOL Global may have issued materially misleading business information to the investing public.
On October 9, 2014, MOL Global sold 13.5 million shares in its initial public offering (the “IPO”). On November 21, 2014, less than two months later, MOL Global announced it would delay release of its third quarter 2014 financial results and also that its Chief Financial Officer, Allan Wong, had resigned. On this news, shares of MOL Global fell sharply during intraday trading on November 21, 2014, damaging investors.
The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by MOL Global shareholders as a result of this adverse information. If you purchased MOL Global stock on or before November 21, 2014, and would like to recover your losses please visit the website at http://rosenlegal.com/cases-445.html for more information. You may also contact Phillip Kim, Esq. or Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or jhorne@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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