Feb. 5, 2014
/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 Electronic Arts, Inc. ("EA" or the "Company") (NasdaqGS: EA) common stock between
July 24, 2013
December 4, 2013
For more information, click here:
The complaint alleges that the Company made materially false and misleading statements regarding the purported strength of the Company's rollout of version 4 of its Battlefield video game series. On
October 29, 2013
, EA increased its guidance for fiscal 2014. On
November 15, 2013
, Battlefield launched simultaneously with the new PlayStation 4; since its launch, EA has been forced to issue multiple patches to fix glitches and other problems with the game. Then on
December 4, 2013
, it was disclosed that EA was forced to halt upcoming projects related to Battlefield 4 and other projects in development due to bugs, connectivity issues, and other problems plaguing the game. Shares of EA have fallen from a close of
the day before the launch (
October 28, 2013
) to a recent close of
If you suffered a loss in EA you have until
February 18, 2014
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 (212) 363-7500, toll-free: (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. 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) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP