THE9 LIMITED ADS
			Symbol			NCTY

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Kendall Law Group Announces Securities Class Action Against The9, Ltd. (NASDAQ: NCTY)

2009-10-23 12:09 ET - News Release

DALLAS, TX -- (MARKET WIRE) -- 10/23/09

Kendall Law Group, led by a former federal judge, today announced that a lawsuit has been filed against The9, Ltd. (NASDAQ: NCTY) for securities violations related to public statements made by the company between November 15, 2006 and July 15, 2009.

The complaint, filed in the Southern District of New York, charges The9 and certain of its officers and directors with violations of the federal securities laws. The9 and its affiliates operate licensed massively multiplayer online role-playing games. According to the complaint, defendants made inaccurate statements of material fact by failing to disclose that it was unlikely that the company would be renewing the World of Warcraft contract with Blizzard. The9 had not even begun formal negotiations regarding the contract renewal and had been at odds with Blizzard due to The9's dealings with EA, one of Blizzard's biggest competitors.

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