LOS ANGELES -- (Business Wire)
Glancy
Prongay & Murray LLP (“GPM”) announces an investigation on
behalf of Zebra Technologies Corporation (“Zebra” or the “Company”)
(NASDAQ: ZBRA)
investors concerning the Company and its officers’ possible violations
of federal securities laws. To obtain information or participate in the
class action, please visit the Zebra page on our website at www.glancylaw.com/case/zebra-technologies-corporation.
On May 10, 2016, Zebra announced poor financial results for its first
quarter of 2016, stating that first quarter results were below
expectations, “with lower sales and earnings reflecting the continuation
of a cautious enterprise spending environment.” On this news, Zebra’s
stock price fell more than $11 per share, or about 18%, to close at
$51.46 on May 10, 2016.
Subsequently, Zebra filed its Form 10-Q with the SEC for the first
quarter of 2016, confirming that the Company found defects in its
internal controls in 2015, which weakened its ability to accurately
pretax income and deferred taxes.
If you purchased Zebra securities, have information or would like to
learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park
East, Suite 2100, Los Angeles, California 90067 at 310-201-9150,
Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.
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/20170919006069/en/
Contacts:
Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley F.
Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com
Source: Glancy Prongay & Murray LLP
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