SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces Upcoming Deadline in Ubiquiti Networks, Inc. Class Action – UBNT
BALA CYNWYD, PA / ACCESSWIRE / April
22, 2018 / Law office of Brodsky & Smith, LLC announces
that those investors who purchased shares of Ubiquiti Networks, Inc.
(“Ubiquiti” or “the Company”) (NASDAQ – UBNT-News) between
May 9, 2013 and February 20, 2018 have only until April 23, 2018
to request that the Court appoint them as a lead plaintiff.
Click here to learn more http://www.brodskysmith.com/cases/ubiquiti-networks-inc-nasdaq-ubnt/,
or call: 877-534-2590. There is no cost or obligation to you.
A class action lawsuit has previously been commenced
in the United States District Court for the Southern District of New York.
According to the complaint, throughout the Class Period, the Company issued
materially false and misleading statements and/or failed to disclose
information that the size of the Company’s purported user community was
drastically overstated and that the Company had exaggerated its publicly
reported accounts receivable. Thereby making Ubiquiti’s financial statements
false and misleading. As a result, Ubiquiti shareholders have suffered
losses.
If you purchased shares of Ubiquiti stock and wish
to discuss the legal ramifications of the Complaint, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your questions. You may
contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky
& Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by
visiting http://www.brodskysmith.com/cases/ubiquiti-networks-inc-nasdaq-ubnt/,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law
firm with extensive expertise representing shareholders throughout the nation
in securities and class action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country to serve as
lead counsel in class actions and have successfully recovered millions of
dollars for our clients and shareholders. Attorney advertising. Prior results
do not guarantee a similar outcome.
SOURCE: Brodsky
& Smith, LLC
ReleaseID: 496822