NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A., a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Resonant Inc. (NASDAQ:RESN) resulting from allegations that Resonant may have issued materially misleading business information to the investing public.
On February 26, 2015, the Company announced that its completed duplexer design delivered to its first customer for consideration failed to meet the specifications in the Company’s development agreement with that customer and that customer may not use the Company’s design in the future. On this news, shares of Resonant fell $5.07 per share or over 32% to close at $10.40 per share on February 27, 2015.
The Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Resonant investors. If you purchased shares of Resonant before February 27, 2015, please visit the website at http://rosenlegal.com/cases-542.html for more information. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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