NEW YORK, May 13, 2015 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:

Protecting the Rights of Shareholders.

To: All persons or entities who purchased or otherwise acquired securities of AudioEye, Inc. (OTC: AEYE) between May 14, 2014 and April 1, 2015.  

You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the District of Arizona. If you purchased or otherwise acquired AudioEye, Inc. ("AudioEye") securities between May 14, 2014 and April 1, 2015, your rights may be affected by this action. To get more information click here:

http://zlk.9nl.com/audioeye-aeye

The complaint alleges that AudioEye made false and/or misleading statements and/or failed to disclose that: (a) the Company's financial statements contained errors concerning the classification of revenues and expenses; (b) the Company lacked adequate internal controls over its financial reporting; and (c) as a result of the foregoing, the Company's financial statements were materially false and misleading at all relevant times.

If you suffered a loss in AudioEye you have until June 15, 2015 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 jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/audioeye-aeye.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have 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.

CONTACT:   
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004           
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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SOURCE Levi & Korsinsky, LLP

Copyright 2015 PR Newswire

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