GLOBE NEWSWIRE – May 15 – Bragar Eagel & Squire, announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased Momo Shares between April 21, 2015 and April 29, 2019. Investors have until July 15, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit. The complaint alleges that throughout the period, defendants made materially false and misleading statements regarding the company's business, operational and compliance policies.
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