SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit against RiT Technologies Ltd. & Encourages Inve...
July 28 2016 - 9:55PM
Business Wire
Goldberg Law PC (www.Goldberglawpc.com) announces that a class
action lawsuit has been filed against RiT Technologies Ltd. (“RiT”
or the “Company”) (Nasdaq: RITT). Investors who purchased or
otherwise acquired shares between March 3, 2015 and July 1, 2016
(the “Class Period”) are encouraged to contact the firm in advance
of the September 26, 2016 lead plaintiff
motion deadline.
If you are a shareholder who suffered a loss during the Class
Period, click here to participate. In addition, we advise
you to contact Michael Goldberg or Brian Schall, of Goldberg Law
PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at
800-977-7401, to discuss your rights without cost to you. You can
also reach us through the firm’s website at
http://www.Goldberglawpc.com, or by email at
info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If
you choose to take no action, you can remain an absent class
member.
According to the complaint, the Company made false and
misleading statements and/or failed to disclose that: RiT CIS Ltd.
was RiT Technologies’ major distributor in Russia and the
Commonwealth of Independent States region; RiT CIS was essential to
the viability of RiT Technologies; and as a result of the above,
the Company’s public statements were materially false and
misleading at all relevant times. When this news was disclosed,
shares of RiT fell in value.
Goldberg Law PC represents shareholders around the world and
specializes in securities class actions and shareholder rights
litigation.
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/20160728006754/en/
Goldberg Law PC, Los AngelesMichael Goldberg, Esq.,
800-977-7401Brian Schall, Esq.,
800-977-7401info@goldberglawpc.comwww.Goldberglawpc.com
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