The Wagner Firm announces that a shareholder lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors of MOL Global, Inc. (“MOL Global” or the “Company”) (NASDAQ:MOLG). The lawsuit seeks recovery of investment losses on behalf of purchasers of MOL Global American Depositary Shares (“ADSs”) between October 9, 2014 and November 20, 2014, inclusive (the “Class Period”), including purchasers pursuant and/or traceable to the Company’s October 9, 2014 initial public offering (“IPO”).

MOL Global investors are encouraged to contact Avi Wagner at 310-491-7949 or by e-mail at info@thewagnerfirm.com to discuss this matter.

The Complaint alleges that defendants made false and/or misleading statements and/or failed to disclose to MOL Global investors that: (1) MOL Global was overstating the revenue and profit derived from the Company’s business and operations; (2) the Company’s actual business model could not sustain the growth trends described in the IPO offering documents; (3) MOL Global would not be able to report its third quarter 2014 financial results on November 21, 2014, as previously stated; and (4), as a result of the foregoing, the Company’s financial statements were materially false and misleading at all relevant times.

On November 20, 2014, MOL Global announced that the Company had rescheduled the date it plans to release its third quarter 2014 financial results, and that the Group Chief Financial Officer, who joined MOL Global in August 2014, has tendered his resignation, effective immediately, “due to personal reasons.” Following this news, on November 21, 2014, shares of the Company’s stock dropped to $4.09 per share − a 67% decline from the IPO price.

If you purchased MOL Global ADSs between October 9, 2014 and November 20, 2014, you have until January 23, 2015, to move the Court to serve as lead plaintiff, if you meet certain legal requirements. To be a member of the plaintiff class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the plaintiff class. If you wish to learn more about this action or receive a copy of the complaint, please contact Avi Wagner, Esquire, of The Wagner Firm, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, at 310-491-7949, by e-mail at info@thewagnerfirm.com, or visit our website at http://thewagnerfirm.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

The Wagner Firm, Los AngelesAvi Wagner, 310-491-7949info@thewagnerfirm.comwww.thewagnerfirm.com

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