IMPORTANT INVESTOR ALERT: Lundin Law PC Announces an Investigation of Cray Inc. & Advises Investors with Losses to Contact th...
September 13 2016 - 11:29PM
Business Wire
Lundin Law PC (http://lundinlawpc.com/) announces that it is
investigating claims against Cray Inc. (“Cray Inc.” or the
“Company”) (Nasdaq: CRAY) 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 via
email at brian@lundinlawpc.com.
The investigation concerns Cray’s August 2, 2016 announcement of
disappointing Second Quarter 2016 financial results. Cray also
announced a change in its expected outlook for 2016 based on an
electrical smoke event caused by a failed manufacturing facility
power component that would delay its ability to deliver some of its
customer contracts. When this news was announced, shares of Cray
dropped 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160913006755/en/
Lundin Law PCBrian Lundin, Esq.Telephone: 888-713-1033Facsimile:
888-713-1125brian@lundinlawpc.comhttp://lundinlawpc.com/
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