Shareholders Foundation, Inc.

Youku Tudou Inc (ADR) (NYSE:YOKU) Investor Investigation over Possible Securities Laws Violations

An investigation for investors in Youku Tudou Inc (ADR) (NYSE:YOKU) shares over potential securities laws violations by Youku Tudou Inc was announced and NYSE:YOKU stockholders should contact the Shareholders Foundation.

 

San Diego, CA -- (SBWIRE) -- 03/24/2015 -- An investigation on behalf of investors of Youku Tudou Inc (ADR) (NYSE:YOKU) shares over potential securities laws violations by Youku Tudou Inc and certain of its directors and officers in connection certain financial statements was announced.

Investors who purchased shares of Youku Tudou Inc (ADR) (NYSE:YOKU) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Youku Tudou Inc (ADR) (NYSE:YOKU) concerning whether a series of statements by Youku Tudou Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 19, 2014, Youku Tudou Inc announced that "as a result of the routine review by the Securities and Exchange Commission (the "Commission") of the Company's annual report on Form 20-F for the fiscal year endedDecember 31, 2013 ("2013 20-F"), the Company received, and responded to, comments and queries from the staff of the Commission regarding certain accounting treatment adopted by the Company in its historical financial statements." The issues addressed relate to the Company's recognition of revenue, among other matters.

Shares of Youku Tudou Inc (ADR) (NYSE:YOKU) declined to as low as $13.31 per share, which is signficiantly less than its current 52 week high of $30.95 per share.

Those who purchased shares of Youku Tudou Inc (ADR) (NYSE:YOKU) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com