|[February 07, 2014]
Attention Montage Shareholders: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Alleged Fraud Committed by Montage Technology Group and Certain of its Officers
SAN DIEGO --(Business Wire)--
Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating
potential violations of the federal securities laws by Montage
Technology Group Limited (Nasdaq: MONT) and certain of its officers.
Montage is a Shanghai, China-based Company that designs, develops, and
markets various analog and mixed-signal semiconductor solutions for the
home entertainment and cloud computing markets.
Specifically, on February 6, 2014, Gravity Research issued a report
alleging that Montage overstated its financial performance through
various schemes including the use of a shell company to report sales
transactions. On thisnews, Montage shares were punished by shareholders
dropping more than 25% since the market closed on February 5, 2014.
Johnson & Weaver's investigation seeks to determine whether shareholders
were harmed by the alleged overstating of revenues as Gravity Research
If you are a Montage shareholder and are interested in learning more
about the investigation or your legal rights and remedies, please
contact lead analyst Jim Baker (email@example.com)
Johnson & Weaver, LLP is a nationally recognized shareholders' rights
law firm. The firm represents individual and institutional investors in
shareholder derivative and securities class action lawsuits. For more
information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.
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