INVESTOR ALERT - STRP: The Law Offices of Vincent Wong Launch Investigation of Straight Path Communications, Inc. for Possible Securities Fraud Violations

Nov 12, 2015, 16:19 ET from The Law Offices of Vincent Wong

NEW YORK, Nov. 12, 2015 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating Straight Path Communications, Inc. (NYSE MKT: STRP) in relation to possible violations of federal securities laws.

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On October 29, 2015, an article entitled "Straight Path Communications Inc.: The Next Generation Of Overblown Spectrum Hype" was published on Seeking Alpha. The article, by hedge fund manager Kerrisdale Capital Management, alleges that Straight Path Communications is worth at least "90% less than its current market cap" due to, among other things: shortcomings in its spectrum, low demand contrasted with high supply, and difficulties of practical mmWave deployments. Shares of Straight Path Communications fell 38.31% to close at $29.35 per share on October 29, 2015.

To obtain additional information, contact Vincent Wong, Esq. either via email, by telephone at 212.425.1140, or visit

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights.  Attorney advertising. Prior results do not guarantee similar outcomes.

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880

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SOURCE The Law Offices of Vincent Wong