NEW YORK--(BUSINESS WIRE)--May 15, 2018--The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Gridsum Holding Inc. ("Gridsum Holding") (NASDAQ: GSUM) securities.

Click here to learn about the case: http://www.wongesq.com/pslra-c/gridsum-holding-inc?wire=2. There is no cost or obligation to you.

According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (i) Gridsum lacked effective internal control over financial reporting; (ii) consequently, Gridsum’s financial statements were inaccurate and misleading, and did not fairly present, in all material respects, the financial condition and results of operations of the Company; and (iii) as a result of the foregoing, Gridsum’s public statements were materially false and misleading at all relevant times.

If you suffered a loss in Gridsum you have until June 25, 2018 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 obtain additional information, contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-c/gridsum-holding-inc?wire=2.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Vincent Wong, Esq. 39 East Broadway Suite 304 New York, NY 10002 Tel. 212.425.1140 Fax. 866.699.3880 E-Mail: vw@wongesq.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20180515006484/en/

CONTACT: Law Offices of Vincent Wong

Vincent Wong, Esq.

212.425.1140

vw@wongesq.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Law Offices of Vincent Wong

Copyright Business Wire 2018.

PUB: 05/15/2018 02:08 PM/DISC: 05/15/2018 02:08 PM

http://www.businesswire.com/news/home/20180515006484/en