5 years Ago, MarcWites
Wites Law Firm is announcing their investigation of NQ Mobile, Inc. (“NQ Mobile” or the “Company”) (NYSE: NQ). On October 24, 2013, Muddy Waters Research announced a “strong sell” rating on NQ Mobile stock, calling the Chinese developer of mobile security software a “massive fraud.” The Muddy Waters report asserts that NQ Mobile has greatly exaggerated its true financial performance and its market share in China. On October 24, 2013 following this news, NQ Mobile’s stock price declined by $10.79 per share, more than 47%, to close at $12.09 per share. On October 25, 2013, NQ Mobile responded to the Muddy Waters allegations and accusations in a press release that asserts that the Company “believes that the allegations and accusations . . . are false and inaccurate.” However, the Company also announced that its board of directors has formed a special committee to review the allegations.
If you are an investor who purchased NQ Mobile stock you may have a legal claim against the Company and could serve as the lead plaintiff in a class action lawsuit. If you are interested in being the lead plaintiff, or would like to speak with an attorney about your legal rights, contact the attorneys at Wites Law Firm by email at firstname.lastname@example.org or toll-free at 1 (866) 277-8631.
Wites Law Firm, is a law firm with offices in Oakland, California and Lighthouse Point, Florida, with expertise in the representation of investors in securities fraud and investor litigation claims. You may visit our website atwww.wklawyers.com.
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Marc: Congratulations on the School Board settlement! Glad you were about to get a good result for your clients. Having been your adversary early on in the case, I can say it was a long battle and the great result was due to your persistence and creative approach to the litigation. Well done!Josh Eggnatz
Attorneys often convey a sterile attitude toward clients that is often void of sincerity and compassion, and may even be condescending. Marc Wites has not lost his humanity!! Mr. Wites is an attorney that continues to stay abreast of the law, which results in excellent results for his clients. Marc Wites is my “go to” attorney when I am looking for A-rated service and quality representation. I consider Marc as not only my attorney but a friend as well.David
An impressive chamber of knowledgeable attorneys/staff that stand ready to work tirelessly on behalf of their clients. Marc Wites is the quintessential Perry Mason advocate–erudite, prepared, and brilliant. He is ready to take on any legal challenge. Above all, he is understanding of the working class. Surely, he’s not just in it for the money; he genuinely wants to help people. Overall outstanding law firm.Raymond Brown
Mr. Wites accepted my case when other lawyers would not. He never promised what he couldn’t deliver. He was realistic, upfront and honest. He actually returns phone calls. And he is willing to explain the legal process and to take time to answer questions. I would definitely contact Mr. Wites if I ever needed a lawyer again.Karla