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Stock Market & Financial Investment News

News Breaks
December 11, 2012
08:09 EDTNQNetQin Mobile rejects accusations in Seeking Alpha article
NQ Mobile rejected as false allegations made in an article published on seekingalpha.com on December 10, written by an author named "FJE Research" who has admitted to holding a short position in the company. NQ Mobile strongly rejects these allegations and notes that FJE Research's commentary contains numerous inaccuracies and misleading speculations based on flawed arguments and illustrates a lack of understanding of the Company's business model. The company also stands firm and ready to protect its reputation and reserves legal rights against any deliberately false accusation.
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February 2, 2016
06:13 EDTNQNQ Mobile appoints Justin Chen as president, General Counsel
NQ Mobile announced the appointment of Justin Chen as its president and General Counsel effective as of February 2. The appointment of Chen, former independent director, to president and General Counsel necessitated a number of other changes to the company's board. While Justin Chen remains as a director of the board, he has resigned from his positions as a member of each of the audit committee, compensation committee and corporate governance and nominating committee of the board. To fill in the vacancies, the company has appointed Dr. Ethan Hu as an independent director, the Chair of the audit committee and a member of each of the compensation committee and the corporate governance and nominating committee of the board, effective as of February 2. Justin Chen has served as the cmpany's director since July 2014.

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