Sogou (SOGO) has been a pretty shoddy performer since its IPO in late 2017. After a series of problems, including regulatory scrutiny, increases in traffic acquisition cost, and product transitions, all of which can be found in this lawsuit, the stock started dropping like a rock, declining from over $10 per share to just above $3 today. However, we believe the current low price does not accurately reflect the monetization potential of the company's different assets and its technological prowess, and we believe there is substantial upside potential from the current price.