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Youku Tudou
Info Request Form

Levi & Korsinsky, LLP announces that a class action lawsuit has been commenced in the USDC for the Southern District of New York on behalf of shareholders who purchased Youku Tudou, Inc. (NYSE: YOKU) securities between February 27, 2014 and March 19, 2015.

The allegations in the complaint concern, among other allegations, an alleged lack of adequate internal controls over the Company’s financial reporting, including improper recording of certain nonmonetary transactions and improperly recognized revenue for multi-element arrangements. On March 19, 2015, Youku reported a net loss of $51.3 million for its fourth quarter, compared to $4 million in the same quarter of 2013, and further disclosed that the SEC is investigating certain aspects of the Company’s past accounting practices. If you suffered a loss in Youku you have until May 26, 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.

Request More Information

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 a shareholder action involving Youku Tudou, Inc.

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 class benefit, but, again, we will never ask you to directly pay any of the costs of this litigation.

As the 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 or opt-out. 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 Youku Tudou shareholders.


Levi & Korsinsky,LLP

Joseph Levi

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