{"id":110978,"date":"2022-01-22T05:14:32","date_gmt":"2022-01-22T05:14:32","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=85659"},"modified":"2022-01-22T05:14:32","modified_gmt":"2022-01-22T05:14:32","slug":"rosen-a-global-and-leading-law-firm-encourages-baidu-inc-investors-with-losses-exceeding-100k-to-secure-counsel-before-important-deadline-in-securities-class-action-bidu","status":"publish","type":"post","link":"https:\/\/pressarabia.qa\/rosen-a-global-and-leading-law-firm-encourages-baidu-inc-investors-with-losses-exceeding-100k-to-secure-counsel-before-important-deadline-in-securities-class-action-bidu\/","title":{"rendered":"ROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Baidu Inc. Investors with Losses Exceeding $100K to Secure Counsel Before Important Deadline in Securities Class Action \u2013 BIDU"},"content":{"rendered":"
\n

NEW YORK, Jan. 21, 2022 (GLOBE NEWSWIRE) — WHY: <\/strong>Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Baidu Inc. (NASDAQ: BIDU) between March 22, 2021 and March 29, 2021, inclusive (the \u201cClass Period\u201d), of the important February 14, 2022<\/strong> lead plaintiff deadline<\/strong>.<\/p>\n

SO WHAT:<\/strong> If you purchased Baidu securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.<\/p>\n

WHAT TO DO NEXT: <\/strong>To join the Baidu class action, go to http:\/\/www.rosenlegal.com\/cases-register-2228.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 14, 2022<\/strong>. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.<\/p>\n

WHY ROSEN LAW: <\/strong>We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs\u2019 Bar. Many of the firm\u2019s attorneys have been recognized by Lawdragon and Super Lawyers.<\/p>\n

DETAILS OF THE CASE: <\/strong>According to the complaint, Goldman Sachs Group Inc. (\u201cGoldman Sachs\u201d) and Morgan Stanley sold a large number of Baidu shares during the Class Period while in possession of material, non-public information. Defendants Goldman Sachs and Morgan Stanley knew that Archegos Capital Management, a family office with $10 billion under management, would need to fully liquidate its position in Baidu because of margin call pressure. As a result of these sales, Goldman Sachs and Morgan Stanley avoided billions in losses combined and the price of Baidu\u2019s stock declined sharply, damaging investors.<\/p>\n

To join the Baidu class action, go to http:\/\/www.rosenlegal.com\/cases-register-2228.html<\/a> or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com<\/a> or cases@rosenlegal.com<\/a> for information on the class action.<\/p>\n

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor\u2019s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.<\/p>\n

Follow us for updates on LinkedIn: https:\/\/www.linkedin.com\/company\/the-rosen-law-firm<\/a>, on Twitter: https:\/\/twitter.com\/rosen_firm<\/a> or on Facebook: https:\/\/www.facebook.com\/rosenlawfirm\/<\/a>.<\/p>\n

Attorney Advertising. Prior results do not guarantee a similar outcome.<\/p>\n

——————————–<\/p>\n

Contact Information:<\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Laurence Rosen, Esq.
\nPhillip Kim, Esq.
\nThe Rosen Law Firm, P.A.
\n275 Madison Avenue, 40th Floor
\nNew York, NY 10016
\nTel: (212) 686-1060
\nToll Free: (866) 767-3653
\nFax: (212) 202-3827
\nlrosen@rosenlegal.com<\/a>
\npkim@rosenlegal.com<\/a>
\ncases@rosenlegal.com<\/a>
\nwww.rosenlegal.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Jan. 21, 2022 (GLOBE NEWSWIRE) \u2014 WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Baidu Inc. (NASDAQ: BIDU) between March 22, 2021 and March 29, 2021, inclusive (the \u201cClass Period\u201d), of the important February 14, 2022 lead plaintiff deadline. SO WHAT: If you purchased Baidu [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"yoast_head":"\nROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Baidu Inc. 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