LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) is investigating potential claims on behalf of investors of SuperCom, Ltd. (“SuperCom” or the “Company”) (Nasdaq: SPCB) concerning the Company’s and its officers’ possible violations of federal securities laws.
On November 30, 2015, SuperCom revealed preliminary third quarter 2015 revenues of $5.5-$6.1 million. These results represent figures much lower than both SuperCom’s own revenue goals, and analysts’ expectations of $13.38 million. Additionally, SuperCom diminished its fiscal 2015 revenue and earnings guidance. Upon this news, shares of SuperCom dropped from a close of $7.70 per share on November 27, 2015, to a close of $4.60 per share on November 30, 2015.
If you purchased SuperCom securities, have information or would like to learn more about these claims, or 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://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
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