Levi & Korsinsky, LLP reminds shareholders that a CYOU/SOHU class action lawsuit has been commenced on behalf of investors who purchased Changyou.com Limited (CYOU,SOHU) securities between February 14, 2020 and April 23, 2020. For more on the Changyou Class Action please contact us today.
According to the Changyou lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: it did not support its disclosed legal conclusions and is at odds with the text of the relevant Cayman Islands statute regarding appraisal rights. Moreover, the Company failed to disclose other rights that may be available to Changyou shareholders under Cayman Islands law, in clear violation of the federal securities laws.
If you suffered a loss in Changyou you have until February 8, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery does not require that you serve as a lead plaintiff.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171