NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Vuzix Corporation (NASDAQ: VUZI) resulting from allegations that Vuzix may have issued materially misleading business information to the investing public.
On March 16, 2018, MOX Reports issued a report stating “Vuzix recently used an undisclosed stock promotion involving dozens of mainstream media outlets to artificially inflate the share price and volume, and then raise $30 million.” On this news, shares of Vuzix fell during intraday trading.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Vuzix investors. If you purchased shares of Vuzix please visit the firm’s website at http://www.rosenlegal.com/cases-1306.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at firstname.lastname@example.org or email@example.com.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
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