LOS ANGELES, May 8, 2017 /PRNewswire/ -- Lundin Law PC, a shareholder rights firm, announces the filing of a class action lawsuit against PCM, Inc. ("PCM" or the "Company") (Nasdaq: PCMI) concerning possible violations of federal securities laws between June 17, 2015 and May 2, 2017 inclusive (the "Class Period"). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm in advance of the July 3, 2017 lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or e-mail him at firstname.lastname@example.org.
No class has been certified in the above action yet. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
According to the Complaint, through the Class Period, PCM violated federal securities laws. In April 2015, PCM acquired En Pointe Technologies, Inc. and publicly filed En Pointe's supposed financial statements. On May 2, 2017, Seeking Alpha disclosed that PCM alleged that En Pointe's net income was overstated due to several accounting shenanigans and thus its public statements were materially false and misleading at all relevant times. Upon release of this news, PCM's stock priced lowered materially, which harmed investors according to the Complaint.
Lundin Law PC was established by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders' rights.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Lundin Law PC