EQUITY ALERT: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Mentor Graphics Corporation - MENT
29 4월 2016 - 12:46AM
Rosen Law Firm, a global investor rights law firm, announces the
filing of a class action lawsuit on behalf of purchasers of Mentor
Graphics Corporation securities (NASDAQ:MENT) from August 21, 2014
through November 19, 2015, both dates inclusive (the “Class
Period”). The lawsuit seeks to recover damages for Mentor Graphics
investors under the federal securities laws.
To join the Mentor Graphics class action, go to the
firm’s website at http://rosenlegal.com/cases-864.html or call
Phillip Kim, Esq. or Kevin Chan, Esq. toll free at 866-767-3653 or
email pkim@rosenlegal.com or kchan@rosenlegal.com for more
information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE
ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY
COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR
CHOICE.
According to the lawsuit, throughout the Class
Period defendants issued false and misleading statements to
investors and/or failed to disclose that: (1) Mentor Graphics’
customers were delaying or declining extended license agreements or
demanding price concessions from Mentor Graphics due to the
unprecedented level of mergers and acquisitions in 2015 and
earlier; (2) demand for Mentor Graphics' emulation products had
slowed as a result of the anticipated introduction of competitive
products, notwithstanding defendants’ assertions that it would be a
long time before any competitor could release a competitive virtual
emulation product; (3) early customer contract renewals and related
bookings had the effect of moving expected bookings and revenue
from future periods to earlier periods, and were not, as defendants
reported, a sign that demand was strong and increasing; and (4) as
a result Mentor Graphics’ public statements were materially false
and misleading at all relevant times. When the true details entered
the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If
you wish to serve as lead plaintiff, you must move the Court no
later than May 17, 2016. A lead plaintiff is a representative party
acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://rosenlegal.com/cases-864.html for more
information. You may also contact Phillip Kim, Esq. or Kevin Chan,
Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the
globe, concentrating its practice in securities class actions and
shareholder derivative litigation.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
Mentor Graphics Corp. (NASDAQ:MENT)
과거 데이터 주식 차트
부터 6월(6) 2024 으로 7월(7) 2024
Mentor Graphics Corp. (NASDAQ:MENT)
과거 데이터 주식 차트
부터 7월(7) 2023 으로 7월(7) 2024