Tesla Launches New Model Y Variant in the US Starting at $41,990 
Jensen Huang Urges Taiwan Suppliers to Boost AI Chip Production Amid Surging Demand 
Using the Economic Calendar to Reduce Surprise Driven Losses in Forex 
Disney Board Nears CEO Decision as Josh D’Amaro Emerges as Leading Candidate 
Denso Cuts Profit Forecast Amid U.S. Tariffs and Rising Costs 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Bob Iger Plans Early Exit as Disney Board Prepares CEO Succession Vote 
Palantir Stock Jumps After Strong Q4 Earnings Beat and Upbeat 2026 Revenue Forecast 
Nvidia Confirms Major OpenAI Investment Amid AI Funding Race 
Nvidia’s $100 Billion OpenAI Investment Faces Internal Doubts, Report Says 
Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI 
Google Cloud and Liberty Global Forge Strategic AI Partnership to Transform European Telecom Services 
Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring 
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations 
American Airlines Plans Return to Venezuela Flights After U.S. Lifts Ban 
Hyundai Motor Lets Russia Plant Buyback Option Expire Amid Ongoing Ukraine War 
IRVINE, Calif., Aug. 15, 2017 -- Khang & Khang LLP (the “Firm”) announces the filing of a securities class action lawsuit against Quadrant 4 System Corporation (“Quadrant 4” or the “Company”) (Other OTC:QFOR). Investors who purchased or otherwise acquired Quadrant 4 shares from August 14, 2012 through June 30, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the September 5, 2017 lead plaintiff motion deadline.
If you purchased Quadrant 4 shares during the Class Period, please contact Joon M. Khang, Esquire, of Khang & Khang LLP, 4000 Barranca Parkway, Suite 250, Irvine, CA 92604, by telephone at (949) 419-3834, or by e-mail at [email protected].
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may choose to take no action and remain a passive class member as well.
According to the Complaint, throughout the Class Period, Quadrant 4 made false and/or misleading statements and/or failed to disclose: that former Chief Executive Officer Nandu Thondavadi and former Chief Financial Officer Dhru Desai engaged in an accounting fraud scheme that misled investors; that Thondavadi and Desai took more than $4 million from the Company; that Thondavadi and Desai caused the Company to understate its liabilities, inflate its revenues and assets and evaded scrutiny by lying to Quadrant 4’s auditors and providing them with forged and doctored documents; and that as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. When this news reached the public, shares of Quadrant 4 declined in value materially, which caused investors harm according to the Complaint.
If you wish to learn more about this lawsuit, or if you have any questions regarding this notice or your rights, please contact Joon M. Khang, Esq., a prominent litigator for nearly two decades, by telephone: (949) 419-3834, or via e-mail at [email protected].
This press release may constitute Attorney Advertising in certain jurisdictions.
Contact Joon M. Khang, Esq. Telephone: 949-419-3834 Facsimile: 949-225-4474 [email protected]
