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Replies to #84 on MOL Global (MOLG)

ThoroughBread

11/26/14 8:19 AM

#85 RE: Klinsmann #84

is This something the courts will allow ?, as I believe there are Forward looking, and Risk statements within the prospectus. Also, If financials have not been Released yet, how does anyone know that the Revenues and Growth are not there? I took this from the latest Firm that is Joining the growing lists of Class action lawsuit firms. Specifically announced by Glancy Binkow & Goldberg LLP

http://ih.advfn.com/p.php?pid=nmona&article=64561787&symbol=MOLG

The Complaint alleges that defendants made false and/or misleading statements and/or failed to disclose to MOL Global investors that: (1) MOL Global was overstating the revenue and profit derived from the Company’s business and operations; (2) the Company’s actual business model could not sustain the growth trends described in the IPO offering documents; (3) MOL Global would not be able to report its third quarter 2014 financial results on November 21, 2014, as previously stated; and (4), as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.