Class Action Reports

Changyou.com Limited Class Action Lawsuit

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January 15, 2021

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.

 

TO LEARN MORE ABOUT THE CYOU/SOHU CLASS ACTION, CLICK HERE

 

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 doesn’t require that you serve as a lead plaintiff.

 

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

55 Broadway, 10th Floor

New York, NY 10006

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com