Bronstein, Gewirtz & Grossman, LLC Announces Investigation of NQ Mobile Inc.

 Bronstein, Gewirtz & Grossman, LLC Announces Investigation of NQ Mobile Inc.

PR Newswire

NEW YORK, Dec. 17, 2012

NEW YORK, Dec. 17, 2012 /PRNewswire/ -- Attorney Advertising -- Bronstein,
Gewirtz & Grossman, LLC is investigating potential claims on behalf of
purchasers of the securities of NQ Mobile Inc. ("NQ Mobile" or the "Company")
(NYSE: NQ), concerning potential violations of federal securities laws.

On December 10, 2012, shares of NQ Mobile fell $0.68 per share or 11%, to
close at $5.46 per share after seeking alpha published a report claiming that
NQ Mobile is massively overstating its industry position and its "user base
has been inflated more than tenfold." The investigation relates to whether
the company made materially false and misleading statements regarding the
Company's business and compliance policies concerning (i) the Company
overstated its revenue by inflating its user base by at least ten times; and
(ii) as a result of the above, the Company's financial statements were
materially false and misleading at all relevant times.

If you are aware of any facts relating to this investigation, or purchased
shares of NQ Mobile, you can assist this investigation by contacting either
Peretz Bronstein or Eitan Kimelman of Bronstein, Gewirtz & Grossman, LLC at
212-697-6484 or via email eitan@bgandg.com. Those who inquire by e-mail are
encouraged to include their mailing address and telephone number.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our
primary expertise is the aggressive pursuit of litigation claims on behalf of
our clients. In addition to representing institutions and other investor
plaintiffs in class action security litigation, the firm's expertise includes
general corporate and commercial litigation, as well as securities
arbitration.

Contact:

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Eitan Kimelman, 212-697-6484
eitan@bgandg.com



SOURCE Bronstein, Gewirtz & Grossman, LLC
 
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