BALA CYNWYD, Pa., July 10, 2013 /PRNewswire/ -- Law Office of Brodsky & Smith, LLC announces that a class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all those who purchased or otherwise acquired shares of Aruba Networks, Inc. (Nasdaq: ARUN) ("Aruba Networks" or the "Company") between May 17, 2012 and May 16, 2013, inclusive (the "Class Period").
Click here to learn more about the investigation http://brodsky-smith.com/610-arun-aruba-networks-inc.html, or call: 877-534-2690. There is no cost or obligation to you.
The Complaint alleges that the defendants failed to disclose significant facts, including that: (a) the Company did not hold a competitive advantage over Cisco Systems, Inc. ("Cisco"); (b) the Company was aware of the weakness in Aruba Networks' marketing abilities given the "bundling" advantages that Cisco held; (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 are a member of the class described above, you may, not later than July 22, 2013, move the Court to serve as a lead plaintiff of the class, if you so choose. If you purchased shares of Aruba Networks stock during the Class Period and wish to discuss this action, you may e-mail or call the Law Office of Brodsky & Smith, LLC who will, without obligation or cost to you, answer your questions. Please contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at email@example.com, by visiting http://brodsky-smith.com/610-arun-aruba-networks-inc.html, or calling toll free 877-LEGAL-90.Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts