STOCK ALERT: Rosen Law Firm Reminds RiT Technologies Ltd. Investors of Important Deadline in Class Action - RITT
August 08 2016 - 3:17PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of RiT Technologies Ltd. securities (NASDAQ:RITT) from
March 3, 2015 through July 1, 2016, inclusive (the “Class Period”)
of the important September 26, 2016 lead plaintiff deadline in
class action filed by firm. The lawsuit seeks to recover damages
for RiT Technologies investors under the federal securities
laws.
To join the RiT Technologies class action, go to the website at
http://www.rosenlegal.com/cases-919.html or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll-free at 866-767-3653 or email
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO
NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
According to the lawsuit, defendants throughout the Class Period
made false and/or misleading statements and/or failed to disclose
that: (1) RiT CIS Ltd. was RiT Technologies’ major distributor in
Russia and the Commonwealth of Independent States region; (2) RiT
CIS was vital to the viability of RiT Technologies; and (3) as a
result, RiT Technologies’ public statements were materially false
and misleading at all relevant times. When the true details entered
the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
September 26, 2016. If you wish to join the litigation, go to
http://www.rosenlegal.com/cases-919.html or to discuss your rights
or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at
866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com. Attorney Advertising. Prior results do not
guarantee a similar outcome.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20160808006104/en/
The Rosen Law Firm, P.A.Laurence Rosen, Esq.Phillip Kim,
Esq.Kevin Chan, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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