July 2, 2013
/PRNewswire/ -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of
on behalf of investors who purchased Aruba Networks, Inc. ("Aruba Networks" or the "Company") (NasdaqGS: ARUN) stock between
May 17, 2012
May 16, 2013
For more information, click here: http://zlk.9nl.com/aruba-networks-arun/
The complaint alleges that defendants misrepresented or failed to disclose material adverse facts, including that: (a) the Company did not hold a competitive advantage over Cisco Systems, Inc. ("Cisco"); (b) the Company was aware of the weaknesses in
Networks' marketing abilities given the "bundling" advantages that Cisco held over Aruba Networks; (c) Cisco's bundling practices would significantly undermine the Company's market share; and (d) as a result of the above, the Company's financial statements were materially false and misleading at all relevant times.
If you suffered a loss in
Networks you have until
July 22, 2013
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
or by telephone at (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in
, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004 Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (866) 367-6510
SOURCE Levi & Korsinsky, LLP