We Give Shareholders a Voice

Info Request Form

Levi & Korsinsky, LLP announces that a class action lawsuit has been commenced in the United States District Court for the Central District of California on behalf of shareholders who purchased 500.com Limited American Depositary Shares pursuant or traceable to the November 22, 2013 Initial Public Offering or between November 22, 2013 and February 25, 2015.

The complaint alleges, among other allegations, that the Company’s Registration Statement misrepresented and/or failed to disclose that the Company did not have the necessary approvals to conduct online operations. On February 25, 2015, 500.com announced that, in response to a notice issued by governmental authorities, certain provincial sports lottery administration centers to which the Company provides sport lottery sales services plan to temporarily suspend acceptance of online purchase orders for lottery products. If you suffered a loss in 500.com you have until April 28, 2015 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

To receive more information, please fill out the form.

Levi & Korsinsky, LLP does not share your information with others. There is no cost or obligation for you to submit.

This submission does not create an attorney-client relationship. If we believe that you might be an appropriate lead plaintiff, we will contact you to discuss whether to establish an attorney-client relationship.

This letter confirms that you have retained Levi & Korsinsky, LLP to represent you as a named plaintiff in the class action against 500.com As a named plaintiff, you acknowledge that you owned shares in 500.com prior to the recent takeover announcement and that you must maintain ownership in 500.com throughout the litigation.

We agree to advance all expenses in the litigation, which means that you are not liable to pay any of the expenses of the lawsuit, whether attorneys’ fees or costs. Regardless of the result, we will never ask you to directly pay for any attorneys’ fees or costs. Should we obtain a favorable result, we may ask the court to award us compensation to be paid by the defendants or as a portion of any benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As our client, you are entitled to direct the litigation in any way you deem proper, and may at any time order us to dismiss the case. Should you choose to do so, we will never ask you to reimburse us directly for any legal fees or expenses. During the course of this litigation, we may employ and/or work with other law firms to prosecute your case.

We look forward to representing you and other 500.com shareholders.


Levi & Korsinsky,LLP

Joseph Levi

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