Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Violin Memory Inc    VMEM

Delayed Quote. Delayed  - 05/25 10:02:02 pm
0.335 USD   -9.46%
05/24 VIOLIN MEMORY : reports 1Q loss
05/24 VIOLIN MEMORY : Announces First Quarter Fiscal Year 2017 Financial R..
05/19VIOLIN MEMORY I : quaterly earnings release
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Violin Memory Inc : Law Offices of Howard G. Smith Announces Lead Plaintiff Deadline In The Class Action Lawsuit Against Violin Memory, Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/11/2013 | 03:33am CEST

Law Offices of Howard G. Smith announces that investors of Violin Memory, Inc. ("Violin" or the "Company") (NYSE:VMEM) have until January 27, 2014, to move the Court to serve as lead plaintiff in the securities fraud class action lawsuit filed in the United States District Court for the Northern District of California on behalf of a class (the "Class") comprising all purchasers of Violin common stock pursuant and/or traceable to the Company's September 26, 2013, initial public offering ("IPO").

Violin develops and supplies memory-based storage systems to bring storage performance in line with high-speed applications, servers and networks in the Americas, Europe and the Asia Pacific. The Complaint alleges that the prospectus and registration statement issued in connection with the Company's IPO were false and misleading because they failed to disclose that the Company was being negatively impacted by known trends affecting its sales and revenues. Specifically, the Complaint alleges that the Company failed to disclose that, prior to the IPO, the Company's sales and revenues were being negatively impacted by the reprioritization of federal agencies' budgets due to the uncertainty surrounding the negotiations over the federal budget and the possibility of a shutdown of the federal government.

If you are a member of the Class described above, you have certain rights and have until January 27, 2014, to move for lead plaintiff status. To be a member of the Class you need not take any action at this time or may retain counsel of your choice. If you purchased shares prior to the Class Period and wish to learn more concerning your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Law Offices of Howard G. Smith
Howard G. Smith, Esquire
(215) 638-4847
(888) 638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com


© Business Wire 2013
share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on VIOLIN MEMORY INC
05/24 VIOLIN MEMORY : reports 1Q loss
05/24 VIOLIN MEMORY : Announces First Quarter Fiscal Year 2017 Financial Results
05/19 VIOLIN MEMORY : Patent Issued for RAIDed Memory System (USPTO 9335939)
05/19VIOLIN MEMORY INC : quaterly earnings release
05/19 VIOLIN MEMORY : Twenty Asia-Pacific Companies Looking to Improve Datacenter Perf..
05/13 VIOLIN MEMORY : to Announce First Quarter Fiscal 2017 Financial Results
05/10 VIOLIN MEMORY : Hermes Creative Awards Honors Violin Memory With Gold Marketing ..
05/04 VIOLIN MEMORY : Germany's Biggest Hearing Aid Company, Kind, Selects Violin Memo..
05/02 VIOLIN MEMORY INC : Change in Directors or Principal Officers, Other Events (for..
05/02 VIOLIN MEMORY INC : Notice of Delisting or Failure to Satisfy a Continued Listin..
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials