SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Into Possible Securities Fraud Violat...
April 28 2016 - 4:07PM
Business Wire
Levi & Korsinsky announces it has commenced an investigation
of Silicon Graphics International Corp. (“Silicon Graphics” or the
“Company”) (NASDAQ:SGI) concerning possible violations of federal
securities laws.
On January 27, 2016, Silicon Graphics reiterated its revenue
outlook for fiscal year 2016 in the range of $600 to $625 million.
Then on April 27, 2016, Silicon Graphics lowered its revenue
outlook for fiscal 2016 due to delays in federal business. In a
press release issued by the Company, Silicon Graphics’ President
and CEO, Jorge Titinger, suggested that the delays in federal
business “are significantly impacting” the Company’s outlook for
fiscal 2016. To obtain additional information about the
investigation, go to:
http://zlk.9nl.com/silicon-graphics-sgi
or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, California, Connecticut, and Washington D.C. The
firm’s attorneys have extensive expertise and experience
representing investors in securities litigation involving financial
fraud, and have recovered hundreds of millions of dollars for
aggrieved shareholders. Attorney advertising. Prior results do not
guarantee similar outcomes.
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version on businesswire.com: http://www.businesswire.com/news/home/20160428006914/en/
Levi & Korsinsky, LLPEduard Korsinsky, Esq.30 Broad Street -
24th FloorNew York, NY 10004Tel: 212-363-7500Toll Free:
877-363-5972Fax: 212-363-7171www.zlk.com
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