SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of SuperCom Ltd. of Class Action Lawsuit and a Lead Plaintiff Deadline of February 8, 2016 - SPCB

Jan. 19, 2016 12:17 pm |  More About SuperCom


NEW YORK, Jan. 19, 2016 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of SuperCom Ltd. (“SuperCom” or the “Company”) (Nasdaq:SPCB) between June 1, 2015 and November 27, 2015.     

You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of New York. If you purchased or otherwise acquired SuperCom securities between June 1, 2015 and November 27, 2015, your rights may be affected by this action.To get more information go to:

http://zlk.9nl.com/supercom-spcb

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

The complaint alleges that the defendants made false and/or misleading statements and/or failed to disclose that: (a) SuperCom was having difficulty closing certain sales with certain governments and the revenue associated with those deals would be substantially delayed; and (b) SuperCom’s “new business pipeline” was neither strong nor “broadening” contrary to the Company’s representations.

If you suffered a loss in SuperCom you have until February 8, 2016 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.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, 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
Joseph E. Levi, Esq.
30 Broad Street - 24th Floor 
New York, NY 10004            
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

Primary Logo

GlobeNewswire
January 19, 2016 - 12:17 PM EST


"I work with many of the companies that would be RedChip companies. And we certainly ascribe to the same view that the RedChip Companies do, which is Discovering Tomorrow's Blue Chips Today."

  • Bob McCooey, Senior Vice President, NASDAQ Stock Market