Law Offices of Howard G. Smith Reminds Investors of the Lead Plaintiff Deadline in the Class Action Lawsuit Against Montage Technology Group Limited
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors that 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”), have until April 8, 2014, to file a motion to be appointed as lead plaintiff in the shareholder lawsuit.
The Complaint filed in the United States District Court for the Southern District of New York alleges that the Company and certain of its executive officers and/or directors misrepresented or failed to disclose that the Company’s revenue was overstated and significantly lower than reported to investors, and that the Company’s largest distributor – LQW Technology Company Limited – is actually a 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. If you wish to learn more about this action, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at 215-638-4847, Toll Free at 888-638-4847, or by email to email@example.com, or visit our website at http://www.howardsmithlaw.com.