This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Lifshitz Law Firm Announces Investigation Of Autoliv, Inc., Saba Software, Inc., And UniTek Global Services, Inc.

NEW YORK, April 22, 2013 /PRNewswire/ --

Autoliv, Inc.

Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the Southern District of New York, alleging that Autoliv, Inc. ("Autoliv" or the "Company") (NYSE: ALV) issued false and misleading statements to investors between October 26, 2010 and August 1, 2011, inclusive (the "Class Period") by failing to adequately disclose (a) that the Company had colluded with other automotive supply companies dating back to 2009 to engage in wrongful antitrust practices over an extended time; and (b) that the Company's known, but undisclosed, anti-competitive practices had artificially inflated its reported gross margins and earnings for fiscal years 2009 and 2010 and for the first interim reporting period of fiscal 2011.  The firm is investigating legal claims against the officers and Board of Directors of Autoliv during the Class Period.

For more information, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: info@jlclasslaw.com.

Saba Software, Inc.

Lifshitz Law Firm announces that it is investigating potential claims against the board of Saba Software, Inc. ("Saba" or the "Company") (OTC Market: SABA).  Between August 2, 2012 and November 5, 2012, the Company management, in consultation with the Audit Committee, concluded that the Company's annual financial results for fiscal years 2008-2011, and the quarterly results for the periods within such fiscal years and for the first and second quarters of fiscal year 2012, should be restated.  In March 2013, the Company's founder and CEO abruptly resigned.  The firm is investigating legal claims against the officers and Board of Directors of Saba during the Class Period.

For more information, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: info@jlclasslaw.com.

UniTek Global Services, Inc.

Lifshitz Law Firm announces that that a class action suit was filed in the United States District Court for the Eastern District of Pennsylvania on behalf of purchasers of UniTek Global Services, Inc. ("UniTek" or the "Company") (NasdaqGM: UNTK) between May 18, 2011 and April 12, 2013 ("Class Period").  The Complaint alleges that (a) the Company's financial statements during the Class Period did not provide a fair presentation of the Company's finances and operations; (b) the Company's subsidiary, Pinnacle Wireless, engaged in fraudulent activities that resulted in improper revenue recognition; (c) the Company's internal accounting controls were deficient and permitted the improper recognition of revenue.  The firm is investigating legal claims against the officers and Board of Directors of UniTek during the Class Period.

For more information, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: info@jlclasslaw.com.

Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions.  For more information about the firm, please visit our website at www.jlclasslaw.com.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs