Century interconnection is subject to class action in the United States

Beijing Time October 2 Morning news, the former Securities and Exchange Commission (SEC) lawyer, the Briscoe law firm legal firm founder Willie Brische (Willie Briscoe) and securities Litigation company Powers Taylor announced Tuesday, has been for the century interconnection (nasdaq:vnet) and a number of its officials and directors initiated a federal class action lawsuit against the action taken by the company and its officials and directors between April 21, 2011 and September 10, 2014.

The plaintiffs are investigating charges based on the class action, possibly launching more judicial charges against the Internet officials and their directors in the century. The affected century interconnected shareholders or shareholders who want to know more information or wish to join a class action can contact Willie Brische.

In the lawsuit, the defendant was accused of violating specific regulations of the U.S. Securities Act of 1934. The allegation alleges that the defendant's misrepresentation and/or failure to disclose the information includes: a The century interconnection exaggerates the number of cabinets in its data center network; b) A large part of the partnership agreement for the Internet Outsourcing Data Center has not yet been finalized; c. century interconnected Consolidator receptacle Datastore financial information was distorted; d. Century Interconnection managed network services (a large proportion of corporate revenues) illegal operation; e) The result of the foregoing factors is that the results of the century interconnection are materially false or misleading.

When the above facts surfaced, the share price of the century fell sharply, the lawsuit said. (Tangfeng)