|[January 29, 2014]
SHAREHOLDER ALERT: LEVI & KORSINSKY, LLP Reminds Investors of Class Action Against ELECTRONIC ARTS, INC. and Its Board of Directors and a Lead Plaintiff Deadline of February 18, 2014 -- EA
NEW YORK --(Business Wire)--
Levi & Korsinsky announces that a class action lawsuit has been
commenced in the United States District Court for the Northern District
of California on behalf of investors who purchased Electronic Arts, Inc.
("EA" or the "Company") (NasdaqGS: EA) common stock between July 24,
2013 and December 4, 2013.
For more information, click here: http://zlk.9nl.com/electronic-arts-ea/.
The complaint alleges that the Company made materially false and
misleading statements regarding the purported strength of the Company's
rollout of version 4 of its Battlefield video game series. On October
29, 2013, EA increased its guidance for fiscal 2014. On November 15,
2013, Battlefield launched simultaneously with the new PlayStation 4;
since its launch, EA has beenforced to issue multiple patches to fix
glitches and other problems with the game. Then on December 4, 2013, it
was disclosed that EA was forced to halt upcoming projects related to
Battlefield 4 and other projects in development due to bugs,
connectivity issues, and other problems plaguing the game. Shares of EA
have fallen from a close of $24.83 the day before the launch (October
28, 2013) to a recent close of $22.75 per share.
If you suffered a loss in EA you have until February 18, 2014 to request
that the Court appoint you as lead plaintiff. Your ability to share in
any recovery doesn't require that you serve as a lead plaintiff. To
obtain additional information, contact Joseph E. Levi, Esq. either via
email at firstname.lastname@example.org or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/electronic-arts-ea/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities and
shareholder lawsuits. Attorney advertising. Prior results do not
guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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