NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of PCM Inc. (NASDAQ:PCMI) resulting from allegations that PCM may have issued materially misleading business information to the investing public.
In April 2015, PCM acquired En Pointe Technologies, Inc., and publicly filed En Pointe’s purported financial statements. On May 2, 2017, an article published on Seeking Alpha revealed that PCM has alleged that En Pointe’s net income had been overstated due to various accounting shenanigans. On this news, shares of PCM fell $2.05 per share or over 8% to close at $22.30 per share on May 2, 2017.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by PCM investors. If you purchased shares of PCM on or before May 2, 2017, please visit the firm’s website at http://www.rosenlegal.com/cases-1116.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.