Rigrodsky & Long, P.A.:
- Do you, or did you, own shares of Montage Technology Group Limited (NASDAQ GS: MONT )?
- Did you purchase your shares between September 25, 2013 and February 6, 2014, inclusive?
- Did you lose money in your investment in Montage Technology Group Limited?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A., including former Special Assistant United States Attorney, Timothy J. MacFall, announces that a complaint has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities that purchased the common stock of Montage Technology Group Limited (“Montage” or the “Company”) (NASDAQ GS: MONT) between September 25, 2013 and February 6, 2014, inclusive (the “Class Period”), alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its officers (the “Complaint”).
If you purchased shares of Montage during the Class Period and wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact Timothy J. MacFall, Esquire or Peter Allocco of Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803 at (888) 969-4242; by e-mail to email@example.com; or at: http://www.rigrodskylong.com/investigations/montage-technology-group-limited-mont.
Montage is a global fabless provider of analog and mixed-signal semiconductor solutions currently addressing the home entertainment and cloud computing markets. The Complaint alleges that throughout the Class Period, defendants made materially false and misleading statements, and omitted materially adverse facts, about the Company’s business, operations and prospects. Specifically, the Complaint alleges that the defendants concealed from the investing public that the Company overstated its revenue and that Montage’s largest distributor, LQW Technology Company Limited, is a mere shell company that is secretly owned in full by an undisclosed entity established by Montage and a Montage employee. As a result of defendants’ false and misleading statements, the Company’s stock traded at artificially inflated prices during the Class Period.