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Yahoo! Inc YHOO Securities Stock Fraud

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Company: Yahoo! Inc
Ticker Symbol: YHOO
Class Period: Apr-19-11 to May-13-11
Date Filed: Jun-30-11
Lead Plaintiff Deadline: Aug-29-11
Court: Northern District of California
Allegations:
Dallas, TX: Several class action lawsuits have been filed on behalf of Yahoo! Inc.investors who purchased shares of Yahoo! between April 19, 2011 and May 13, 2011.

According to the complaints filed in the Northern District of California, the true value of an important asset of a Chinese strategic partnership was significantly overstated -- by billions, a securities lawyer represnting the plaintiffs said. When this was revealed, Yahoo!'s stock plummeted 15% in one day alone. This proposed lawsuit seeks to install better corporate governance at Yahoo! to deter these actions for company shareholders.

If you acquired the securities of the defendants during the Class Period you may, no later than the Lead Plaintiff Deadline shown above, request that the Court appoint you as lead plaintiff through counsel of your choice. You may also choose to remain an absent class member. A lead plaintiff must meet certain requirements.

Yahoo! Inc YHOO Securities Fraud Legal Help

If you have suffered from financial losses, you may qualify for damages or remedies that may be awarded in a possible Yahoo! Inc securities class action lawsuit. Please fill in our form on the right to submit your complaint for a free evaluation.

Maybe it's your stockbroker

Reader Comments

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i had to close my yahoo account. and was locked out of my phone.

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