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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
firstname.lastname@example.org, 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.