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US Law Firm Announces Investigation of NQ Mobile

NQ Mobile, 12/17/12

US law firm Bronstein, Gewirtz & Grossman has announced that it is investigating potential claims on behalf of purchasers of the securities of Chinese mobile security provider NQ Mobile (NYSE: NQ) concerning potential violations of federal securities laws.

The investigation relates to whether or not NQ Mobile made materially false and misleading statements regarding the company's business and compliance policies. Specifically, the firm will investigate claims that the company inflated its user base statistics by over ten-fold and over-stated company revenues.

Keywords: law mobile security wireless NQ NQ Mobile litigation anti-virus

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