Pomerantz Appointed Co-Lead Counsel in JOYY Securities Litigation

On February 23, 2021, U.S. District Judge Stanley Blumenfeld, Jr. of the Central District of California appointed Pomerantz LLP as Co-Lead Counsel on behalf of Co-Lead Plaintiff Suresh Goyal in Hershewe v. JOYY Inc. et al., 20-cv-10611 (C.D. Cal.), a securities action brought on behalf of a class of defrauded investors concerning allegations that JOYY Inc. misled investors regarding the source of its streaming traffic and the amount of its streaming revenue.