Glancy Binkow & Goldberg LLP Announces Class Action Lawsuit on Behalf of Investors of Montage Technology Group Limited
LOS ANGELES--(BUSINESS WIRE)--Glancy Binkow & Goldberg LLP announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of a class (the “Class”) comprising all purchasers of the securities of Montage Technology Group Limited (“Montage” or the “Company”) (NASDAQ:MONT) between September 25, 2013 and February 6, 2014, inclusive (the “Class Period”).
If you purchased Montage shares during the Class Period, please contact us toll-free at (888) 773-9224, or at (212) 682-5340, or by email to firstname.lastname@example.org to discuss this matter.
Montage is a Shanghai, China-based provider of analog and mixed-signal semiconductor solutions for the home entertainment and cloud computing markets. The Complaint alleges that during the Class Period the Company and certain of its executive officers and/or directors misrepresented or failed to disclose that the Company’s revenue was overstated and actually significantly lower than reported to investors, and that the Company’s largest distributor, LQW Technology Company Limited, is a mere shell company, owned by an undisclosed related entity established by Montage and a Montage employee.
If you purchased Montage securities during the Class Period, you may move the Court no later than April 8, 2014, to serve 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. To learn more about this action, please contact Michael Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067, Toll Free at (888) 773-9224, or contact Gregory Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by e-mail to email@example.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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