NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong notifies investors of an investigation concerning whether Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQGS: GSUM) violated federal securities laws.
Click here to learn about the case: http://docs.wongesq.com/GSUM-Info-Request-Form-1890. There is no cost or obligation to you.
On April 23, 2018, Gridsum filed a press release announcing its audit report for the Company’s financial statements for the year ended December 31, 2016 should no longer be relied upon. According to the release, the Company’s auditor had determined the presence of “certain issues” relating to “revenue recognition, cash flow, cost, expense items, and their underlying documentation.” Upon this news, shares of Gridsum were down more than 41% on intraday trading on April 23, 2018.
To learn more about the investigation of Gridsum contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/GSUM-Info-Request-Form-1890.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
