NEW YORK, April 29, 2015 /PRNewswire/ -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired common shares of Resonant Inc. (NASDAQCM: RESN) between August 14, 2014 and February 26, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Central District of California. If you purchased or otherwise acquired Resonant Inc. ("Resonant") securities between August 14, 2014 and February 26, 2015, your rights may be affected by this action. To get more information go to: http://zlk.9nl.com/resn-infosheet
The complaint alleges that Resonant issued materially false and misleading statements to investors and/or failed to disclose that: (a) there were errors in Resonant's financial statements for the three and six months periods ended June 30, 2014 and 2013; (b) Resonant's disclosure controls and procedures were not effective as of June 30, 2014; and (c) Resonant would be unable to meet Milestone 4 pursuant to its development agreement in the first quarter of 2015.
If you suffered a loss in Resonant you have until May 18, 2015 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/resn-infosheet.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, 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.
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP