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FINAL DEADLINE: Rosen, Global Investor Counsel, Reminds Baidu, Inc. Investors of the Important October 19 Deadline in Securities Class Action First Filed by the Firm; Encourages Investors with Losses in Excess of $750K to Contact the Firm – BIDU

Rosen Law Firm, a global investor rights law firm, reminds purchasers and those who otherwise acquired the securities of Baidu, Inc. (NASDAQ:BIDU) between April 8, 2016 and August 13, 2020, inclusive (the “Class Period”), of the important October 19, 2020 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for Baidu investors under the federal securities laws.

To join the Baidu class action, go to http://www.rosenlegal.com/cases-register-1925.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Baidu misrepresented the financial and business condition of iQIYI; (2) iQIYI had inadequate controls; and (3) as …

Full story available on Benzinga.com

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