NEW YORK--(BUSINESS WIRE)--The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Global Eagle Entertainment Inc. (“Global Eagle”) (NASDAQ: ENT) between July 27, 2016 and February 20, 2017. You are hereby notified that Levi & Korsinsky has commenced the securities class action lawsuit Pollack v. Global Eagle Entertainment Inc., et al. (Case 2:17-cv-02139) in the USDC for the Central District of California. To get more information go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company’s progress towards integration of Emerging Markets Communications (“EMC”) into Global Eagle was not progressing as favorably as Defendants lead investors to believe; (ii) Global Eagle was unable to timely and properly account for the acquisition of EMS; (iii) consequently, Global Eagle lacked effective internal control over financial reporting; and (iv) as a result, Global Eagle’s financial statements were materially false and misleading at all relevant times.
If you suffered a loss in Global Eagle you have until April 24, 2017 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky is a national firm with offices in New York, 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.