Sungy Mobile Limited Investors Encouraged to Contact Securities Law Firm about Investigation into Allegations of Corporate Wrongdoing - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Sungy Mobile Limited Investors Encouraged to Contact Securities Law Firm about Investigation into Allegations of Corporate Wrongdoing

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SOURCE Dunnam & Dunnam

NEW YORK, Aug. 29, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating allegations for Sungy Mobile Limited shareholders (NASDAQ:GOMO). Concerned GOMO investors who purchased between November 22, 2013 and August 27, 2014 are encouraged to contact securities attorney Hamilton Lindley by clicking here.

The investigation focuses upon Sungy Mobile's after-hours 2Q earnings release, reporting EPS of $0.09, which missed guidance by $0.05, and 2Q revenue of $16.13M, which missed by $0.57M.  Sungy Mobile also announced that Winston Li tendered his resignation as their chief financial officer effective on August 31, 2014, due to personal reasons. Sungy Mobile fell $2.10 per share to $8.26, or more than 20.19%, in after-hours trading on August 27, 2014.   

Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. GOMO stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@dunnamlaw.com with questions or concerns toll free at 844-702-2990 or visit http://www.dunnamlaw.com/GOMO.

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