Law Offices of Howard G. Smith reminds investors of the upcoming May 17, 2016 deadline to file a lead plaintiff motion in the class action filed on behalf of a class (the “Class”) of investors who purchased Mentor Graphics Corp. (“Mentor ” or the “Company”) (NASDAQ: MENT) securities between August 21, 2014 and November 19, 2015, inclusive (the “Class Period”). Investors that have suffered $100,000 or more in losses on their investment in Mentor securities and wish to take an active role in this lawsuit are encouraged to contact Howard G. Smith, Esq.

The complaint alleges that throughout the class period, defendants issued false and misleading statements to investors and/or failed to disclose that: (1) Mentor Graphics’ customers were delaying or declining extended license agreements or demanding price concessions from Mentor Graphics due to the unprecedented level of mergers and acquisitions in 2015 and earlier; (2) demand for Mentor Graphics' emulation products had slowed as a result of the anticipated introduction of competitive products, notwithstanding defendants’ assertions that it would be a long time before any competitor could release a competitive virtual emulation product; (3) early customer contract renewals and related bookings had the effect of moving expected bookings and revenue from future periods to earlier periods, and were not, as defendants reported, a sign that demand was strong and increasing; and (4) as a result Mentor Graphics’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

If you purchased Mentor securities, you may move the Court no later than May 17, 2016 to request appointment as lead plaintiff. To be a member of the class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Law Offices of Howard G. SmithHoward G. Smith, Esquire215-638-4847888-638-4847howardsmith@howardsmithlaw.comwww.howardsmithlaw.com

Mentor Graphics Corp. (NASDAQ:MENT)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Mentor Graphics Corp. Charts.
Mentor Graphics Corp. (NASDAQ:MENT)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Mentor Graphics Corp. Charts.