17 June 2019
Pomerantz LLP announces that a class action lawsuit has been filed against Momo Inc. (“Momo” or the “Company”) (NASDAQ: MOMO) and certain of its officers. The class action, filed in United States District Court, for the Southern District of New York, and indexed under 19-cv-04433, is on behalf of a class consisting of all persons and entities who purchased or otherwise acquired Momo securities between April 21, 2015 and April 29, 2019, both dates inclusive (the “Class Period”), seeking to recover damages caused by Defendants’ violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
