NEW YORK, December 21, 2021 / PRNewswire / – The following statement is issued by Levi & Korsinsky, LLP:
AT: All persons or entities who have purchased or otherwise acquired securities of Tencent Musical entertainment group (“Tencent Music “) (NYSE: TME) between March 22, 2021 and March 29, 2021. You are hereby notified that a class action lawsuit in securities was brought in United States District Court of the Southern District of New York. For more information, visit:
or contact Joseph E. Levi, Esq. either by email at [email protected] or by phone at (212) 363-7500. There is no cost or obligation for you.
Tencent Musical entertainment group NEWS – TME NEWS
CASE DETAILS: According to the complaint filed: Goldman Sachs Group Inc. and Morgan Stanley have sold a large number of Tencent Sharing music in possession of material non-public information. The defendants knew that Archegos Capital Management would have to fully liquidate its position in Tencent Music based on margin call pressures. The defendants avoided billions in losses by selling the shares of the company despite being in possession of this information. When the market learned the truth about Tencent Music, investors suffered damage.
WHAT THIS MEANS FOR SHAREHOLDERS: If you have suffered a loss in Tencent Music, you have up December 27, 2021 request that the Court appoint you as the principal applicant. Your ability to participate in any recovery does not require you to serve as the principal applicant.
NO COT FOR YOU: If you bought Tencent Musical titles between March 22, 2021 and March 29, 2021, you may be entitled to compensation without payment of any costs or reimbursable expenses.
PROTECT YOUR FINANCIAL INTERESTS: Fill out this brief submission form: https://www.zlk.com/pslra-1/tencent-music-entertainment-group-loss-submission-form?wire=4 or call 212-363-7500 to discuss the case with Joseph E. Levi, Esq.
WHY LEVI & KORSINSKY: Levi & Korsinsky have a proven track record of winning cases worth hundreds of millions of dollars to shareholders over a 20-year period. We represent and fight for shareholders who have been wronged by companies.
Levi & Korsinsky is a nationally recognized law firm with offices in New York, California, Connecticut, and Washington DC The Founding Partners of the Firm, Joseph Levi and Edouard Korsinski, have represented shareholders and institutional clients for nearly 20 years and have achieved remarkable results for clients in the United States and internationally. The firm, which has more than 70 employees, is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion for employees and those we represent. Our lawyers have extensive expertise in representing investors in securities litigation with a history of recovering hundreds of millions of dollars in cases. Levi & Korsinsky has been ranked in the Institutional Shareholder Services (“ISS”) SCAS Top 50 report for 7 consecutive years as the best securities litigation firm in United States. The SCAS Top 50 report identifies the leading plaintiff securities law firms in the country and, year after year, ISS has recognized Levi & Korsinsky as a leading firm in the field of securities class actions.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th floor
New York, New York State 10006
Phone. : (212) 363-7500
Fax: (212) 363-7171
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SOURCE Levi & Korsinsky, LLP