NEW YORK, May 19, 2017 -- Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of PCM Inc. securities (NASDAQ: PCMI) from June 17, 2015 through May 2, 2017, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for PCM investors under the federal securities laws.
To join the PCM class action, go to http://www.rosenlegal.com/cases-1116.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] 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 ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.
In April 2015, PCM acquired the assets of En Point Technologies Sales, Inc. According to the lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that: (1) En Pointe’s financial statements that PCM filed with the SEC materially overstated the profitability of the business; and (2) as a result, PCM’s 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.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 3, 2017. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-1116.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Since 2014, Rosen Law Firm has been ranked #2 in the nation by Institutional Shareholder Services for the number of securities class action settlements annually obtained for investors.
Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 34th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] [email protected] [email protected] www.rosenlegal.com


SK Hynix Reports Record Q1 Profit Surge Driven by AI Memory Chip Demand
LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure
SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO
Mercedes-Benz Faces Rising Competition in China but Rejects Price War Strategy
European Car Sales Surge in March as EV and Hybrid Demand Accelerates
Kakaku.com Stock Surges on EQT Takeover Interest Amid Rising Japan Deal Activity
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs
Brazil Blocks Prediction Market Platforms, Tightens Derivatives Trading Rules
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation
SK Hynix to Invest $13 Billion in AI Chip Packaging Facility
Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 



