Scalper1 News
21Vianet Group is facing a class-action lawsuit after a research firm last week alleged that the China firm overstated the size of its core Internet data-center hosting business. 21Vianet Group (VNET) stock, which fell nearly 50% last week on the allegations by Trinity Research Group, was near 21, down 2%, in early afternoon trading in the stock market today. “The company’s financial statements were materially false and misleading,” according to Scalper1 News
Scalper1 News