EQUITY ALERT: The Rosen Law Firm Announces Investigation of Securities Claims Against Montage Technology Group Limited- MONT
NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm announces that it is investigating potential securities claims against Montage Technology Group Limited (NASDAQ: MONT) resulting from allegations that the Company may have issued materially misleading business information to the investing public.
On February 6, 2014, Gravity Research Group issued a report asserting that Montage Technology has greatly exaggerated its true financial performance. The report states, among others things, that: Montage Technology’s largest distributor is a shell company used to fabricate the Company’s financial results, and that the Company’s largest customer is an undisclosed related party. These adverse allegations caused the Company’s stock to fall over $5/share today in intraday trading.
The Rosen Law Firm is preparing a class action lawsuit as a result of this adverse information. If you purchased Montage Technology stock before February 6, 2014, please visit the website at http://rosenlegal.com to take action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq., or of The Rosen Law Firm toll free at 866-767-3653 or via e-mail 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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Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekend Tel: (917) 562-8616
Toll Free: 1-866-767-3653
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