TMCnet News
IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Investigation of Ubiquiti Networks, Inc.Lundin Law PC, a shareholder rights firm, announces that it is investigating claims against Ubiquiti (News - Alert) Networks, Inc. ("Ubiquiti" or the "Company") (Nasdaq: UBNT) concerning possible violations of federal securities laws. To get more information about this investigation, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or by email at [email protected]. On September 18, 2017, Citron Research published a report alleging a number of "red flags" suggesting that Ubiquiti has been misleading investors by posting significantly higher operating margins than industry peers and comparatively low interest income from an increasing cash position. The report also alleges red flags based on Ubiquiti's distribution network, corporate turnover and corporate culture. Upon release of this news, the Company's shares fell in value. 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/20170920006260/en/ |
