Investigation Of Ubiquiti Networks, Inc. By Securities Lawyers At Goldfarb LLP Law Firm For Potential Shareholder Claim

Goldfarb LLP is investigating whether the board of directors of Ubiquiti Networks, Inc. (NASDAQ: UBNT) violated shareholder protection laws for issuing materially false and misleading statements to investors. Concerned UBNT investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their rights and remedies.

“The company is accused of misleading shareholders by failing to disclose known facts regarding counterfeit versions of its airMax wireless gear being sold by Kozumi USA Corp.,” securities lawyer Hamilton Lindley said. “As a result, stocks traded at artificially inflated prices. Our proposed shareholder lawsuit will seek to ensure that proper controls are placed to correct any improper behavior, and to improve the company’s value for investors.”

Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Ubiquiti Networks shareholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@goldfarbllp.com or 877-583-2855.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX