SHAREHOLDER ALERT: Brodsky & Smith, LLC Encourages Investors Who Have Losses In Excess of $100,000 From Investment In 21 Vianet Group, Inc. To Contact Brodsky & Smith, LLC Before The November 11, 2014 Lead Plaintiff Deadline In Class Action Lawsuit
BALA CYNWYD, Pa., Sept. 29, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that a class action lawsuit has been commenced in the United States District Court for the Eastern District of Texas on behalf of purchasers of 21 Vianet Group, Inc. ("21 Vianet" or the "Company") (VNET) securities during the period between April 21, 2011 and September 10, 2014, inclusive (the "Class Period") and informs investors that they have until November 11, 2014 to seek appointment as lead plaintiff.
Click here to learn more http://brodsky-smith.com/824-vnet-21-vianet-group-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
The complaint accuses the defendants of violations of the Securities Exchange Act of 1934 by virtue of the defendants failure to disclose during the Class Period that the Company overstated the number of cabinets in its internet data center network, that a significant portion of their outsourced data center partnerships have been terminated, and the true state of the financials of its Managed Network Entities. According to the complaint, following the September 10, 2014 report published by Trinity Research Group alleging that the Company's financial performance, business prospects and true financial condition have been overstated, the value of 21 Vianet shares declined significantly.
If you have suffered a loss from investment in 21 Vianet securities purchased on or after April 21,2011 and would like to learn more about the litigation and your ability to participate as a lead plaintiff, without cost or obligation to you, please visit our website at http://brodsky-smith.com/824-vnet-21-vianet-group-inc.html. You may also request more information by contacting Brodsky-Smith by telephone at (877)534-2590.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. Brodsky & Smith, LLC may not have filed a complaint.
SOURCE Brodsky & Smith, LLC
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