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JOYY INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages JOYY Inc. (YY) Investors with Losses to Contact Its At

JOYY INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages JOYY Inc. (YY) Investors with Losses to Contact Its At

JOYY INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages JOYY
      Inc. (YY) Investors with Losses to Contact Its Attorneys Now, Firm
                   Investigating Potential Securities Fraud

PR Newswire

SAN FRANCISCO, Nov. 18, 2020

SAN FRANCISCO, Nov. 18, 2020 /PRNewswire/ -- Hagens Berman urges JOYY Inc.
(NASDAQ: YY) investors with significant losses to submit your losses now. The
firm is investigating possible securities law violations and certain investors
may have valuable claims.

Hagens Berman Sobol Shapiro LLP

Relevant Holding Period: Before Nov. 18, 2020
Visit: www.hbsslaw.com/investor-fraud/JOYY
Contact An Attorney Now: JOYY@hbsslaw.com
                                             844-916-0895

JOYY Inc. (YY) Investigation:

The investigation centers on the accuracy of JOYY's public statements
concerning its component businesses and financial condition.

More specifically, on Nov. 18, 2020, Muddy Waters Capital published a scathing
report, "YY: You Can't Make This Stuff Up. Well…Actually You Can."

According to the report, YY is a multibillion-dollar fraud, its component
businesses are a fraction of the size it reports, and the company's user
metrics, revenues, and cash balances are mostly fraudulent.

Over the course of a year, Muddy Waters conducted a lengthy forensic study of
JOYY and concludes approximately 84% of the company's consolidated revenue
appears fraudulent, and its YY Live, Bigo, and online dating service are
substantially fraudulent.

This news sent the price of JOYY American Depositary Shares crashing lower on
Nov. 18, 2020.

"We're focused on investors' losses and whether JOYY may have misled investors
about its operations and financial results," said Reed Kathrein, the Hagens
Berman partner leading the investigation.

If you are a JOYY investor and have significant losses, or have knowledge that
may assist the firm's investigation, click here to discuss your legal rights
with Hagens Berman.

Whistleblowers: Persons with non-public information regarding JOYY should
consider their options to help in the investigation or take advantage of the
SEC Whistleblower program. Under the new program, whistleblowers who provide
original information may receive rewards totaling up to 30 percent of any
successful recovery made by the SEC. For more information, call Reed Kathrein
at 844-916-0895 or email JOYY@hbsslaw.com.

About Hagens Berman
Hagens Berman is a national law firm with nine offices in eight cities around
the country, and eighty attorneys. The firm represents investors,
whistleblowers, workers and consumers in complex litigation. More about the
firm and its successes is located at hbsslaw.com. For the latest news visit
our newsroom or follow us on Twitter at @classactionlaw.

Contact:
Reed Kathrein, 844-916-0895

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SOURCE Hagens Berman Sobol Shapiro LLP

Website: https://www.hbsslaw.com