UPCOMING DEADLINE: The Law Offices of Vincent Wong Notify Investors of Class Action Involving InvenSense, Inc. and a Lead Pla...
March 03 2015 - 1:35PM
The Law Offices of Vincent Wong announce that a class action
lawsuit has been commenced in the USDC for the Northern District of
California on behalf of investors who purchased InvenSense, Inc.
("InvenSense" or the "Company") (NYSE:INVN) securities between July
29, 2014 and October 28, 2014.
Click here to learn about the case:
http://docs.wongesq.com/INVN-Info-Request-Form-609.
There is no cost or obligation to you.
The complaint alleges that during the Class Period defendants
issued materially false and misleading statements regarding the
Company's financial performance and outlook. In particular, it is
alleged that the Company concealed the adverse effects it would
experience as a result of its agreement with Apple to supply
sensors for the iPhone 6 and iPhone 6 plus at heavily discounted
prices.
On October 28, 2014, InvenSense announced disappointing
financial results for the quarter ended September 28, 2014, and
further announced a substantial drop-off in margins due, in large
part, to the low prices it had charged its customers, operational
inefficiencies with the iPhone 6 rollout, and a charge related to
old inventory.
If you suffered a loss in InvenSense you have until March 9,
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 Vincent
Wong, Esq. either via email vw@wongesq.com, by telephone at
212.425.1140, or visit
http://docs.wongesq.com/INVN-Info-Request-Form-609.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT: Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com
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