INVESTOR ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Mentor Graphics Corp. of Class Action Lawsuit and a Lead Plaint...
May 11 2016 - 11:02AM
The following statement is being issued by Levi & Korsinsky,
LLP:
To: All persons or entities who
purchased or otherwise acquired securities of
Mentor Graphics Corp. (“Mentor” or the “Company”)
(NASDAQ:MENT) between August 21, 2014 and November 19,
2015.
You are hereby notified that a
securities class action has been commenced in the USDC for the
District of Oregon, Portland Division. If you purchased or
otherwise acquired Mentor securities between August 21, 2014 and
November 19, 2015, your rights may be affected by this action. To
get more information go to:
http://www.zlk.com/pslra/mentor-graphics-corp.
The complaint alleges that throughout the class
period, Mentor issued false and misleading statements and/or failed
to disclose that, among other allegations: (1) Mentor's customers
had participated in an incredible number of mergers and
acquisitions in 2015 and earlier, causing the delay of purchases of
Mentor’s products; and (2) demand for Mentor's emulation products
had declined as a result of competitors, despite the Company’s
assurances that it would be a long time before any competitor could
release a significantly competitive virtual emulation product.
If you suffered a loss in Mentor you
have until May 17, 2016 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 Joseph E. Levi, Esq. either via
email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/pslra/mentor-graphics-corp.
Levi & Korsinsky is a national firm with
offices in New York, New Jersey, California, Connecticut, and
Washington D.C. The firm’s attorneys have extensive expertise and
experience representing investors in securities litigation
involving financial fraud, and have recovered hundreds of millions
of dollars for aggrieved shareholders. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
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