NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Cree, Inc. (“Cree” or the “Company”) (NASDAQ:CREE) concerning possible violations of federal securities laws by certain officers and directors. On April 5, 2016, Cree announced its fiscal third quarter revenue will be lower than expected, dropping its previously projected revenue from $400-$430 million to $367 million. To obtain additional information about the investigation, go to:
or contact Eduard Korsinsky, Esq. either via email at ek@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation involving financial fraud, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.