LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces that a class action lawsuit has been filed on behalf of investors who purchased PCM, Inc. (“PCM” or the “Company”) (NASDAQ: PCMI) securities between June 17, 2015 and May 2, 2017, inclusive (the “Class Period”). PCM investors have until July 3, 2017 to file a lead plaintiff motion in this putative class action.
Investors suffering losses on their PCM investments are encouraged to contact Lesley Portnoy of GPM to discuss their legal rights in this class action at 310-201-9150 or by email to email@example.com.
According to complaint filed in this class action lawsuit, alleges that PCM misled investors regarding the accurateness of the financial statements of En Pointe Technologies, Inc. (“En Pointe”), a Company PCM acquired in April of 2015.
According to various news sources En Pointe allegedly overstated its net income by several million dollars. And the complaint filed in this class action lawsuit alleges that throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that En Pointe’s financial statements that PCM filed with the SEC materially overstated the profitability of the business; and as a result, PCM’s public statements were materially false and misleading at all relevant times.
If you purchased shares of PCM during the Class Period you may move the Court no later than July 3, 2017 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to firstname.lastname@example.org, or visit our website at http://glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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