NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Ubiquiti Networks, Inc. (NASDAQ: UBNT) concerning possible violations of federal securities laws.
On February 20, 2018, Ubiquiti revealed that it had received a subpoena from the Securities and Exchange Commission “requesting documents and information relating to a range of topics including metrics relating to the Ubiquiti Community, accounting practices, financial information, auditors, international trade practices, and relationships with distributors and various other third parties.” Upon this news shares of Ubiquiti fell from a close of $74.04 per share on February 16, 2018, to a close of $55.28 on February 20, 2018. To obtain additional information, go to:
or contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.