NEW YORK--(EON: Enhanced Online News)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Yahoo! Inc (NASDAQ:YHOO) resulting from allegations that Yahoo! may have issued materially misleading business information to the investing public.
“believes an unauthorized third party, in August 2013, stole data associated with more than one billion user accounts”
On December 14, 2016, during aftermarket hours, Yahoo! announced that it “believes an unauthorized third party, in August 2013, stole data associated with more than one billion user accounts” and that it “believes this incident is likely distinct from the incident the company disclosed on September 22, 2016.” On this news, shares of Yahoo! fell sharply during intraday trading on December 15, 2016.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Yahoo! investors. If you purchased shares of Yahoo! please visit the firm’s website at http://www.rosenlegal.com/cases-1012.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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