JULY 25 DEADLINE: Lundin Law PC Announces Securities Class Action Lawsuit Against Ability, Inc. And Reminds Investors With Losses To Contact The Firm

LOS ANGELES, CA / ACCESSWIRE / June 22, 2016 / Lundin Law PC announces a class action lawsuit has been filed against Ability, Inc. (“Ability” or the “Company”) (Nasdaq: ABIL) concerning possible violations of federal securities laws between September 8, 2015 and April 29, 2016. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm in advance of the July 25, 2016, lead plaintiff motion deadline.

To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at brian@lundinlawpc.com.

No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.

According to the complaint, the Company failed to disclose that: (1) Ability overstated its income by not accounting for commissions; and (2) Ability materially overstated its operating results by improperly recognizing revenue on multiple element sales transactions.

Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact:

Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile: 888-713-1125
brian@lundinlaw.com

SOURCE: Lundin Law PC

ReleaseID: 441535