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UPCOMING DEADLINE: The Klein Law Firm Reminds Investors of a Class Action Lawsuit Commenced on Behalf of Link Motion Inc. (formerly NQ Mobile Inc.) Shareholders and a Lead Plaintiff Deadline of April 11, 2018 (LKM, NQ)

ACCESSWIRE

By The Klein Law Firm

NEW YORK, NY / ACCESSWIRE / April 5, 2018 / The Klein Law Firm announces that a class action
complaint has been filed on behalf of shareholders of Link Motion Inc. (NYSE:
LKM) (formerly known as NQ Mobile Inc. and traded on NYSE as NQ) who purchased
shares between March
30, 2017
and February 6,
2018
. The action, which was filed in the United States District Court
for the Eastern District of Texas, alleges that the Company violated federal
securities laws.

In particular, the complaint alleges
that, throughout the Class Period, defendants made materially false and/or
misleading statements and/or failed to disclose that (1) NQ failed to disclose
related party transactions involving the Transaction between NQ Mobile and
Tongfang Investment Fund; (2) due to the related parties involved in the
Transaction, NQ agreed to consideration in the form of a note with a high
likelihood of default; (3) Defendant Shi’s interest in the Transaction was not
fully disclosed; and (4) as a result, Defendants’ statements about NQ’s
business, operations, and prospects were materially false and misleading and/or
lacked a reasonable basis at all relevant times.

Shareholders have until
April 11, 2018 to petition the court for lead
plaintiff status. Your ability to share in any recovery does not require that
you serve as lead plaintiff. You may choose to be an absent class
member.

If you suffered a loss during the Class
Period and wish to obtain additional information, please contact Joseph Klein,
Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-c/nq-mobile-inc?wire=1.

Joseph Klein, Esq. represents investors
and participates in securities litigations involving financial fraud throughout
the nation. Attorney advertising. Prior results do not guarantee similar
outcomes.

CONTACT:

Joseph Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

SOURCE:
The Klein Law Firm

ReleaseID: 495279