Attention Montage Shareholders: Shareholder Rights Law Firm Johnson & Weaver, LLP Announces Investigation of Alleged Fraud Committed by Montage Technology Group and Certain of its Officers
SAN DIEGO--(BUSINESS WIRE)--Shareholder Rights Law Firm Johnson & Weaver, LLP is investigating potential violations of the federal securities laws by Montage Technology Group Limited (Nasdaq: MONT) and certain of its officers. Montage is a Shanghai, China-based Company that designs, develops, and markets various analog and mixed-signal semiconductor solutions for the home entertainment and cloud computing markets.
Specifically, on February 6, 2014, Gravity Research issued a report alleging that Montage overstated its financial performance through various schemes including the use of a shell company to report sales transactions. On this news, Montage shares were punished by shareholders dropping more than 25% since the market closed on February 5, 2014. Johnson & Weaver’s investigation seeks to determine whether shareholders were harmed by the alleged overstating of revenues as Gravity Research claims.
If you are a Montage shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (firstname.lastname@example.org) at 619-230-0063.
Johnson & Weaver, LLP is a nationally recognized shareholders’ rights law firm. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com.