BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of FireEye, Inc. (“FireEye” or the “Company”) (NASDAQ:FEYE) concerning possible violations of federal securities laws. The investigation is focused on certain statements issued by FireEye concerning the Company’s business and financial prospects. FireEye provides products and services for detecting, preventing and resolving advanced cybersecurity threats. Investors who have losses of $100,000 or more are encouraged to contact the firm for more information.
The investigation is related to allegations that the Company issued false and/or misleading statements and failed to disclose to investors that: (1) FireEye’s business model had substantially changed, from providing software − with high fixed costs but low marginal costs that would not escalate with increases in its subscriber base − to providing end-to-end services; (2) the Company’s undisclosed strategy would require increasing numbers of highly trained professional staff to respond to network security breaches; and (3), the Company’s costs would escalate incrementally with an increased customer base, and potentially jeopardize the Company’s future profitability.
If you purchased FireEye securities between January 2, 2014 and November 4, 2014, if you have information, or if you suffered losses of $100,000 or more and have any questions concerning this announcement or 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 firstname.lastname@example.org, or visit our website at www.howardsmithlaw.com.