Deadline Upcoming in $7.25 Million Settlement in the Montage Technology Group Ltd (NASDAQ:MONT) Investor Lawsuit

By , in PR PR Sci/Tech on .

San Diego, CA — 11/15/2017 — The Shareholders Foundation announces that a deadline is coming up on November 20, 2017 in the settlement reached in the securities class action lawsuit filed on behalf of investors who purchased shares of Montage Technology Group Ltd (NASDAQ:MONT)between September 25, 2013 to February 6, 2014.

Investors who purchased a significant amount of shares of Montage Technology Group Ltd (NASDAQ:MONT) between September 25, 2013 to February 6, 2014, have certain options and should contact the Shareholders Foundation by email at [email protected] or call 858-779-1554.

The settlement proof of claim form or detailed settlement notice for the settlement in the Montage Technology Group Ltd (NASDAQ:MONT) Investor Securities Class Action Lawsuit can be downloaded at: http://shareholdersfoundation.com/case/montage-technology-group-ltd-nasdaq-mont-investor-securities-class-action-lawsuit-02072014

In order to submit a claim an investor has to submit the claim proof to the class action claim administrator in a timely manner. The deadline to submit the proof with the class administrator is November 20, 2017. The class action administrator for this case is Strategic Claims Services.

The lawsuit was originally filed in the U.S. District Court for the Southern District of New York on behalf of investors who purchased Montage Technology Group Ltd common shares between September 26, 2013 and February 6, 2014. The plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between September 26, 2013 and February 6, 2014.

On February 7, 2014, an investor in shares of Montage Technology Group Ltd (NASDAQ:MONT) filed a lawsuit in the U.S. District Court for the Southern District of New York against Montage Technology Group Ltd over alleged violations of Federal Securities Laws in connection with certain allegedly false and misleading statements made between September 25, 2013 and February 6, 2014. According to the complaint the plaintiff alleges on behalf of all persons or entities who purchased or otherwise acquired securities of Montage Technology Group Ltd (NASDAQ:MONT) between September 25, 2013 and February 6, 2014, that Montage Technology Group Ltd and certain of its officers and directors violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder.

On February 14, 2014 another investor filed a lawsuit in the U.S. District Court for the Northern District of California on behalf of investors who purchased Montage Technology Group Ltd common shares between September 26, 2013 and February 6, 2014. The plaintiff alleges that the defendants violated the Securities Exchange Act of 1934 by issuing false and misleading statements between September 26, 2013 and February 6, 2014.

Those who purchased shares of Montage Technology Group Ltd (NASDAQ: MONT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
[email protected]

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Maria Burns

Maria Burns

Maria is a Viral News Editor who graduated from the University Of California. She likes social media trends, being semi-healthy, Buffalo Wild Wings and vodka with lime. When she isn’t writing, Maria loves to travel. She last went to Thailand to play with elephants and is planning a trip to Bali.
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