Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Tencent To Contact Him Directly To Discuss Their Options
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Tencent Music Entertainment Group (“Tencent” or the “Company”) (NASDAQ: TME) and reminds investors of the December 27, 2021 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.
If you suffered losses exceeding $50,000 investing in Tencent stock or options between March 22, 2021 and March 29, 2021 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).
There is no cost or obligation to you.
Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
According to the Complaint, Goldman Sachs and Morgan Stanley sold a large amount of Tencent shares during the Class Period while in possession of material, non-public information about Archegos and its need to fully liquidate its position in the Company because of margin call pressure. As a result of these sales, Defendants Goldman Sachs and Morgan Stanley avoided billions in losses combined.
On this news, shares of Tencent Music Entertainment Group stock fell over 33% during the week of March 22, 2021 to March 29, 2021.
Tencent Music Entertainment Group
* The submission of this form does not create an attorney-client relationship.
Filed on 10/27/2021
Class period 03/22/2021 - 03/29/2021
Lead Plaintiff Deadline 12/27/2021
22 days remaining
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