Apr 23, 2024
Learn how to adapt your SEC Climate ESG press releases to comply with new regulations using our essential guide.
TME ALERT: The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit on Behalf of Tencent Music Shareholders and a Lead Plaintiff Deadline of December 27, 2021 - TME
November 03, 2021 1:00 PM EDT | Source: Vincent Wong Esq.
New York, New York--(Newsfile Corp. - November 3, 2021) - The Law Offices of Vincent Wong announce that a class action lawsuit has commenced in the on behalf of investors who purchased Tencent Music Entertainment Group ("Tencent Music") (NYSE: TME) between March 22, 2021 and March 29, 2021.
If you suffered a loss, contact us at the link below. There is no cost or obligation to you.
According to a filed complaint, Goldman Sachs Group Inc. and Morgan Stanley avoided billions of dollars in losses by selling Tencent Music shares while in possession of material non-public information. Specifically, the plaintiff claims that defendants knew that Archegos Capital Management would need to fully liquidate its position in Tencent Music based on margin call pressures. When the market learned the truth about Tencent Music, investors suffered damages.
If you suffered a loss in Tencent Music, you have until December 27, 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.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101870