EQUITY ALERT: Rosen Law Firm Reminds InvenSense Shareholders of Important Deadline in Class Action Seeking to Recover Investo...
January 26 2015 - 6:33PM
The Rosen Law Firm, P.A., a global investor rights firm, reminds
purchasers InvenSense, Inc. common stock (NYSE:INVN) between July
29, 2014 and October 28, 2014 of the important March 9, 2015 lead
plaintiff deadline in the class action.
To join the InvenSense class action, visit the firm's website at
http://www.rosenlegal.com/cases-471.html, or call Phillip Kim, Esq.
or Kevin Chan, Esq. toll-free, at 866-767-3653; you may also email
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.
According to the lawsuit, InvenSense concealed the adverse
impact from its agreement with Apple to supply sensors for the
iPhone and iPhone 6 plus at heavily discounted prices. On October
28, 2014, InvenSense announced disappointing financial results for
the quarter ended September 28, 2014. It also disclosed a
substantial decline in profit margins due to the low prices it had
charged its customers, operational inefficiencies with the iPhone 6
rollout, and a charge related to old inventory.
If you wish to join the litigation go to
http://www.rosenlegal.com/cases-471.html or to discuss your rights
or interests regarding this class action, please contact Phillip
Kim, Esq. of The Rosen Law Firm, toll-free, at 866-767-3653, or via
e-mail at pkim@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
CONTACT: Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue, 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com
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