NASDAQ:UBNT Investor Notice November 24 Deadline in Lawsuit Against Ubiquiti Networks Inc

By , in PR PR California on .

San Diego, CA — 11/14/2017 — The Shareholders Foundation announces that a deadline is coming up on November 24, 2017 in the lawsuit filed for investors of Ubiquiti Networks Inc (NASDAQ:UBNT over alleged securities laws violations by Ubiquiti Networks Inc.

Investors who purchased shares of Ubiquiti Networks Inc (NASDAQ:UBNT) should contact the Shareholders Foundation at [email protected] or call 858-779-1554.

The plaintiff alleges on behalf of purchasers of Ubiquiti Networks Inc (NASDAQ:UBNT) common shares between September 28, 2012 and September 18, 2017, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between September 28, 2012 and September 18, 2017, the Defendants made false and/or misleading statements and/or failed to disclose that the number of the Company's purported user community was drastically overstated, that that it had exaggerated its publicly reported accounts receivable, and that as a result of the foregoing, Ubiquiti's publicly disseminated financial statements were materially false and misleading.

Those who purchased shares of Ubiquiti Networks Inc (NASDAQ:UBNT) 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]

The following two tabs change content below.
Sarah Thompson

Sarah Thompson

Sarah is a financial reporter, focusing on technology, national security, and policing. Before joining Daily Telescope she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.
%d bloggers like this: