{"id":10281,"date":"2020-05-08T09:09:41","date_gmt":"2020-05-08T09:09:41","guid":{"rendered":"https:\/\/icrowdnewswire.com\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-the-firm\/"},"modified":"2020-05-09T09:09:41","modified_gmt":"2020-05-09T09:09:41","slug":"class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th","status":"publish","type":"post","link":"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/","title":{"rendered":"Class Action Filing Deadline &ndash; Barbuto &amp; Johansson, P.A. Reminds Investors Of The Pending Lawsuit Against Baidu, Inc. And Encourages Shareholders With Losses Exceeding $350,000 To Contact The Firm"},"content":{"rendered":"<p><span class=\"xn-location\">WELLINGTON<\/span>, Fla.,&nbsp;Barbuto &amp; Johansson, P.A. reminds investors that they have until&nbsp;<span class=\"xn-chron\">June 22, 2020<\/span>&nbsp;to contact the Firm to learn more about the class action lawsuit filed against Baidu, Inc. (NASDAQGS:BIDU) and appointment and qualifications to be considered for the role of lead plaintiff. &nbsp;Investors with dlosses exceeding&nbsp;<span class=\"xn-money\">$350,000<\/span>&nbsp;are encouraged to contact the Firm.<\/p>\n<p>According to the lawsuit, during the Class Period of&nbsp;<span class=\"xn-chron\">March 16, 2019<\/span>&nbsp;and&nbsp;<span class=\"xn-chron\">April 7, 2020<\/span>, Baidu materially misled the investing public regarding its business, operational and compliance policies. &nbsp;It is alleged, in part, that during the Class Period, Baidu failed to disclose that its newsfeed services were not in compliance with applicable Chinese regulatory standards and said noncompliance subjected Baidu to a heightened risk of regulatory enforcement. On&nbsp;<span class=\"xn-chron\">April 7, 2020<\/span>, post-market,&nbsp;<span class=\"xn-location\">China&#8217;s<\/span>&nbsp;Internet regulator stated that Baidu&#8217;s content review on some of its newsfeed channels violated Chinese laws. &nbsp;On this news, Baidu&#8217;s share price fell more than 4%.<\/p>\n<p>Only two days later, Baidu announced that it had suspended updating its content on certain newsfeed channels to conduct maintenance, and that it expected the suspension to have an &#8220;impact on the marketing services revenue related to the suspended channels.&#8221;<\/p>\n<p>If you&#8217;ve suffered damages from investing in Baidu and would like to discuss your options including petitioning the court for a leadership position, you may, without obligation or cost to you, contact&nbsp;<span class=\"xn-person\">Anthony Barbuto<\/span>, at (888) 715-2520 or via email at&nbsp;<u>anthony@barjolaw.com<\/u>.<\/p>\n<p>The Firm follows the principles set forth in the case&nbsp;<em>Berger v. Compaq<\/em>, 257 F.3d 475 (5th Cir. 2001) which states &#8220;[c]lass action lawsuits are intended to serve as a vehicle for capable, committed advocates to pursue the goals of the class members through counsel, not for capable, committed counsel to pursue their own goals through the class members.&#8221; The Firm believes strongly that the choice of qualified lead plaintiff(s) can have a significant impact on the successful outcome of a case.<\/p>\n<p><br class=\"dnr\" \/><\/p>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.barjolaw.com\" target=\"_blank\">http:\/\/www.barjolaw.com<\/a><br \/><b>Contact Information:<\/b><br \/>Barbuto &#038; Johansson, P.A.<br \/>\nAnthony Barbuto, Esq.<br \/>\n12773 W. Forest Hill Blvd., 101<br \/>\nWellington, FL 33414<br \/>\n1-888-715-2520<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Barbuto &#038; Johansson, P.A.<br \/>\nAnthony Barbuto, Esq.<br \/>\n12773 W. Forest Hill Blvd., 101<br \/>\nWellington, FL 33414<br \/>\n1-888-715-2520<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WELLINGTON, Fla.,&nbsp;Barbuto &amp; Johansson, P.A. reminds investors that they have until&nbsp;June 22, 2020&nbsp;to contact the Firm to learn more about the class action lawsuit filed against Baidu, Inc. (NASDAQGS:BIDU) and appointment and qualifications to be considered for the role of lead plaintiff. &nbsp;Investors with dlosses exceeding&nbsp;$350,000&nbsp;are encouraged to contact the Firm. According to the lawsuit, &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/05\/09\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-the-firm\/\">Continue reading <span>Class Action Filing Deadline &ndash; Barbuto &amp; Johansson, P.A. Reminds Investors Of The Pending Lawsuit Against Baidu, Inc. And Encourages Shareholders With Losses Exceeding $350,000 To Contact The Firm<\/span><\/a> <a href=\"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,22,54],"tags":[],"class_list":["post-10281","post","type-post","status-publish","format-standard","hentry","category-english","category-legal-newswire","category-united-states","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Class Action Filing Deadline &ndash; Barbuto &amp; Johansson, P.A. Reminds Investors Of The Pending Lawsuit Against Baidu, Inc. And Encourages Shareholders With Losses Exceeding $350,000 To Contact The Firm - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Class Action Filing Deadline &ndash; Barbuto &amp; Johansson, P.A. Reminds Investors Of The Pending Lawsuit Against Baidu, Inc. 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And Encourages Shareholders With Losses Exceeding $350,000 To Contact The Firm Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-08T09:09:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-05-09T09:09:41+00:00\" \/>\n<meta name=\"author\" content=\"Charles Brown\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charles Brown\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/\",\"url\":\"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/\",\"name\":\"Class Action Filing Deadline &ndash; Barbuto &amp; Johansson, P.A. 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And Encourages Shareholders With Losses Exceeding $350,000 To Contact The Firm Continue Reading &rarr;","og_url":"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/","og_site_name":"Business","article_published_time":"2020-05-08T09:09:41+00:00","article_modified_time":"2020-05-09T09:09:41+00:00","author":"Charles Brown","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Charles Brown","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/","url":"http:\/\/ipsnews.net\/business\/2020\/05\/08\/class-action-filing-deadline-barbuto-johansson-p-a-reminds-investors-of-the-pending-lawsuit-against-baidu-inc-and-encourages-shareholders-with-losses-exceeding-350000-to-contact-th\/","name":"Class Action Filing Deadline &ndash; Barbuto &amp; Johansson, P.A. 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