NEW YORK, April 23, 2015 /PRNewswire/ -- The following
statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise
acquired securities of SanDisk Corporation (NASDAQ: SNDK)
between October 16, 2014 and
March 25, 2015.
You are hereby notified that a securities class action
lawsuit has been commenced in the United States District Court for
the Northern District of California. If you purchased or otherwise
acquired SanDisk Corporation ("SanDisk") securities between
October 16, 2014 and March 25, 2015, your rights may be
affected by this action. To get more information click
here:
http://zlk.9nl.com/sandisk-infosheet
The complaint alleges, among other allegations, that Defendants
made materially false and misleading statements regarding quality
control within the corporate organizational structure.
On March 26, 2015, the Company
issued a press release announcing that it expects its revenue for
the fiscal first quarter to be approximately $1.3 billion, rather than the previously
forecasted revenue of $1.40 billion to $1.45
billion. Upon this news, shares of SanDisk declined
$14.98 per share to close at
$66.20 per share.
If you suffered a loss in SanDisk you have until May 29, 2015 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://zlk.9nl.com/sandisk-infosheet.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. Attorney advertising. Prior
results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP