NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong announce that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of investors who purchased Flex Ltd. ("Flex") (NASDAQ: FLEX) securities between January 26, 2017 and April 26, 2018.
Click here to learn about the case: http://www.wongesq.com/pslra-c/flex-ltd-2?wire=2. There is no cost or obligation to you.
According to the complaint, throughout the Class Period, the Company issued materially false and misleading statements and/or failed to disclose that: (1) the Company’s internal controls over financial reporting were materially weak and deficient; (2) the Company had improperly accounted for obligations in a customer contract and certain related reserves; and (3) as a result of the foregoing, the Company’s financial statements and Defendants' statements about Flex's business, operations, and prospects, were materially false and misleading at all relevant times.
On April 26, 2018, Flex issued a press release disclosing allegations by a former employee that the Company “improperly accounted for obligations in a customer contract and certain related reserves.” The Company further announced that its Audit Committee was undertaking an investigation of the matter “with the assistance of independent outside counsel.”
If you suffered a loss in Flex you have until July 9, 2018 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff. To obtain additional information, contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://www.wongesq.com/pslra-c/flex-ltd-2?wire=2.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.