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ROSEN, A TOP RANKED LAW FIRM, Continues Its Investigation of Securities Claims Against J2 Global, Inc. – JCOM

NEW YORK, July 06, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of J2 Global, Inc. (JCOM) resulting from allegations that J2 may have issued materially misleading business information to the investing public.

On June 30, 2020, Hindenburg Research issued a report that detailed a series of alarming red flags about J2. The report alleged that “J2 is a digital media roll-up that has acquired 186 businesses since its inception.” The report went on to state that “J2’s opaque acquisition approach has opened the door to egregious insider self-enrichment, which we approximate totals $117 million to $172 million based on publicly available information.”

Following this news, the price of J2 common shares fell $6.29, or 9%, to close at $63.21 per share on June 30, 2020.

Rosen Law Firm is preparing a securities lawsuit on behalf of J2 shareholders. If you purchased securities of J2 please visit the firm’s website at http://www.rosenlegal.com/cases-register-1893.html to join the securities action. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at pkim@rosenlegal.com or cases@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. 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 3 each year since 2013. Rosen Law Firm has secured hundreds of millions of dollars for investors.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

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