TMCnet News
SHAREHOLDER ALERT: Lundin Law PC Announces an Investigation of NCI Inc. and Encourages Investors with Losses to Contact the FirmLundin Law PC, a shareholder rights firm, announces that it is investigating claims against NCI Inc. ("NCI" or the "Company") (Nasdaq: NCIT) concerning possible violations of federal securities laws. To get more information about this investigation, click here, or please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at [email protected]. On January 23, 2017, NCI announced the results of its initial investigation, and that the Company's controller embezzled over $18 million from NCI over the past six years. According to the Complaint, embezzled funds were concealed as expenses in the Company's financial statements. These unaudited financial statements for the nine-month period ending September 30, 2016 include significant material errors linked to theft and therefore should not be relied upon. When this information was released to the investing public, the value of NCI stock fell sharply, causing investors harm. When this news was released to the public, the value of NCI dropped, causing investors harm. Lundin Law PC was founded by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170124006279/en/ |
