NEW YORK, NY / ACCESSWIRE / May 4, 2015 / Pomerantz LLP is investigating claims on behalf of investors of Qihoo 360 Technology Co. Ltd. ("Qihoo 360" or the "Company") (NYSE MKT: QIHU). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 237.

The investigation concerns whether Qihoo 360 and certain of its officers and/or directors have violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934.

On Thursday, April 30, 2015, three of the worlds most renowned and trusted security testing bodies, AV-Comparatives, AV?TEST and Virus Bulletin, released a joint statement announcing the censure of security vendor Qihoo 360. They will revoke all certifications and rankings awarded to Qihoo 360's products this year after finding that the company submitted "products for comparative and certification testing which behaved significantly differently from those made available to its users and customers."

On this news, shares of Qihoo 360 fell $1.09 per share, to close at $60.30, or more than 1.7%, on April 30, 2015.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Florida, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

SOURCE: Pomerantz LLP