The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of American Depository Shares of China Finance Online Co., Limited. -- JRJC

If you have not received the full Notice of the Proposed Settlement (the "Notice"), you may obtain it by contacting the Claims Administrator, Strategic Claims Services, Inc., by mail at China Finance Online Securities Litigation, c/o Strategic Claims Services, Inc., 600 N. Jackson St., Ste. 3, Media, PA 19063, by telephone, at 866-274-4004, or by email, at info@strategicclaims.net. You may also download a copy of the Notice from: www.strategicclaims.net.

To participate in the settlement, you must submit a Claim Form.  You may download the Claim Form from www.strategicclaims.net, or you may contact the Claims Administrator to request a Claim Form (and to be added to the mailing list).  Completed Claim Forms must be postmarked or received by March 3, 2017, at the Claims Administrator's address, China Finance Online Securities Litigation, c/o Strategic Claims Services, 600 N. Jackson St., Ste. 3, Media, PA 19063.

If you purchased or otherwise acquired American Depositary Shares during the Class Period, you will be deemed a Class Member unless you ask to opt out from the Class. Any requests to opt out of the Settlement must be mailed to the Claims Administrator's address, China Finance Online Securities Litigation, c/o Strategic Claims Services, Inc., 600 N. Jackson St., Ste. 3, Media, PA 19063 and postmarked or received by the Claim Administrator by March 3, 2017. Each request to opt out should (i) state the name, address, telephone number, and e-mail address (if available) of the person or entity requesting exclusion, (ii) state that such person or entity requests exclusion from the China Finance Online Settlement, (iii) be signed by the person or entity requesting exclusion, and (iv) provide the date(s) and number(s) of shares of all purchases and sales of American Depositary Shares during the Class Period.  You will be bound by any judgment rendered in the class action unless you timely request exclusion from the Class as more fully explained in the Notice.  If you submit a valid and timely request for exclusion, you cannot share in the settlement money and will not be bound by the Settlement.

The Notice also describes how you may object to any aspect the Settlement, including the Plan of Allocation or the request for attorneys' fees and expenses. All objections must be in writing, postmarked or received by Counsel for the Class no later than March 3, 2017, at the following address: Laurence Rosen, Esq., The Rosen Law Firm, P.A., 275 Madison Avenue, 34^th Floor, New York, NY  10016.

Inquiries, other than requests for copies of the Notice or for inclusion in the mailing list for future notices, may also be directed to Counsel for the Class, The Rosen Law Firm, P.A., at the mailing address listed above, or by phone at (212) 686-1060 or email at lrosen@rosenlegal.com.

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SOURCE The Rosen Law Firm, P.A.