LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP reminds investors that all purchasers of the securities of Montage Technology Group Limited (“Montage” or the “Company”) (NASDAQ:MONT) between September 25, 2013 and February 6, 2014, inclusive (the “Class Period”), have until April 8, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.
Montage is a Shanghai, China-based provider of analog and mixed-signal semiconductor solutions for the home entertainment and cloud computing markets. The Complaint alleges that during the Class Period the Company and certain of its executive officers and/or directors misrepresented or failed to disclose that the Company’s revenue was overstated and actually significantly lower than reported to investors, and that the Company’s largest distributor, LQW Technology Company Limited, is a mere shell company, owned by an undisclosed related entity established by Montage and a Montage employee.
If you purchased Montage securities during the Class Period, you may move the Court no later than April 8, 2014, to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to firstname.lastname@example.org, or visit our website at http://www.glancylaw.com.
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