LOS ANGELES -- (Business Wire)
Lundin Law PC announces it is investigating claims against Straight Path
Communications Inc. (“Straight Path” or the “Company”) (NYSE MKT: STRP)
concerning possible violations of federal securities laws. The
investigation is related to allegations that certain statements issued
by Straight Path were false and misleading and/or failed to disclose
material information regarding the Company’s financial performance.
To participate in this class action lawsuit, please contact Brian
Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via email at brian@lundinlawpc.com.
The investigation concerns whether the Company made materially false and
misleading statements to investors and/or failed to disclose that: (1)
the commercialization prospect for Straight Path’s spectrum assets is
less than touted; (2) Straight Path’s spectrum licenses were improperly
obtained; and (3) as a result, Straight Path’s public statements were
materially false and misleading and/or lacked a reasonable basis at all
relevant times.
No class has been certified in the above action. Until a class is
certified, you are not considered represented by an attorney. You may
also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based
in Los Angeles.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151125005917/en/
Contacts:
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
brian@lundinlaw.com
Source: Lundin Law PC
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