TRADING ALERT: Rosen Law Firm Reminds Marvell Technology Group Ltd. Investors of Important Deadline in Class Action
September 29 2015 - 1:15PM
Business Wire
Rosen Law Firm, a global investor rights law firm, reminds
purchasers of Marvell Technology Group Ltd. (NASDAQ: MRVL)
securities from November 20, 2014 through September 10, 2015,
inclusive (the “Class Period”) of the important November 10, 2015
lead plaintiff deadline in the class action. The lawsuit seeks to
recover investors’ losses under the federal securities laws.
To join the Marvell class action, visit the firm’s website at
http://www.rosenlegal.com/cases-715.html, or contact Phillip Kim,
Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com for information on the
class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A
CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU
RETAIN ONE. YOU MAY CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN
AN ABSENT CLASS MEMBER. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
The Complaint alleges that throughout the Class Period,
Defendants made false and/or misleading statements, as well as
failed to disclose material adverse facts about the Marvell’s
business, operations, and prospects. Specifically, Defendants made
false and/or misleading statements and/or failed to disclose that:
(1) Marvell had engaged in inappropriate revenue recognition
practices; (2) Marvell’s management permitted an inappropriate and
ineffective control environment; (3) as a result, Marvell's key
accounting metrics were misstated; (4) Marvell lacked adequate
controls at all relevant times; (5) and as a result of the
foregoing, Defendants' statements about Marvell's business,
operations, and prospects, were false and misleading and/or lacked
a reasonable basis. When the true details entered the market, the
lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to
serve as lead plaintiff, you must move the Court no later than
November 10, 2015. A lead plaintiff is a representative party
acting on behalf of other class members in directing the
litigation. If you wish to join the litigation, go to the firm’s
website at http://rosenlegal.com/cases-715.html for more
information. You may also contact Phillip Kim, Esq. or Kevin Chan,
Esq. of Rosen Law Firm toll free at 866-767-3653 or via email at
pkim@rosenlegal.com or kchan@rosenlegal.com.
Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
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version on businesswire.com: http://www.businesswire.com/news/home/20150929006643/en/
Laurence Rosen, Esq.Phillip Kim, Esq.Kevin Chan, Esq.The Rosen
Law Firm, P.A.275 Madison Avenue, 34th FloorNew York, NY 10016Tel:
212-686-1060Toll Free: 866-767-3653Fax:
212-202-3827lrosen@rosenlegal.compkim@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
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