ATLANTA--(BUSINESS WIRE)--Holzer & Holzer, LLC is investigating whether certain statements made by Cheetah Mobile, Inc. (“Cheetah Mobile” or the “Company”) (NYSE: CMCM) complied with federal securities laws. On November 26, 2018, Buzzfeed News issued a report claiming that a third-party investigation had identified seven apps owned by Cheetah Mobile that were exploiting user permissions to fraudulently generate revenue. The price of Cheetah Mobile securities fell significantly on the news.
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