March 23, 2015 (Shareholders Foundation) - An investigation on behalf of investors of Youku Tudou Inc (ADR) (NYSE:YOKU) shares over potential securities laws violations by Youku Tudou Inc and certain of its directors and officers in connection certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Youku Tudou Inc (ADR) (NYSE:YOKU) concerning whether a series of statements by Youku Tudou Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 19, 2014, Youku Tudou Inc announced that 'as a result of the routine review by the Securities and Exchange Commission (the 'Commission') of the Company's annual report on Form 20-F for the fiscal year endedDecember 31, 2013 ('2013 20-F'), the Company received, and responded to, comments and queries from the staff of the Commission regarding certain accounting treatment adopted by the Company in its historical financial statements.' The issues addressed relate to the Company's recognition of revenue, among other matters.

Shares of Youku Tudou Inc (ADR) (NYSE:YOKU) declined to as low as $13.31 per share, which is signficiantly less than its current 52 week high of $30.95 per share.