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EQUITY ALERT: The Rosen Law Firm Announces the Filing of a Securities Class Action Lawsuit Against ServiceSource International, Inc. – SREV

2015-07-28 13:44 ET - News Release


Company Website: http://www.rosenlegal.com/cases-680.html
NEW YORK -- (Business Wire)

The Rosen Law Firm, a global investor rights firm, announces that a class action lawsuit has been filed on behalf of purchasers of ServiceSource International, Inc. (NASDAQ:SREV) securities during the period from January 22, 2014 through May 1, 2014. The lawsuit seeks to recover damages for ServiceSource investors under the federal securities laws.

To join the Service Source class action, go to the firm’s website at http://www.rosenlegal.com/cases-680.html or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE.

According the suit, ServiceSource made false and/or misleading statements concerning ServiceSource’s true business condition enabling certain insiders to sell their ServiceSource shares at artificially-elevated prices. The suit claims that Mike Smerklo, President and CEO of ServiceSource, received millions of dollars in cash bonuses and other benefits as a consequence of this fraud. When these adverse facts were learned by the market, the complaint alleges that ServiceSource investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 8, 2015. If you wish to join the class action and recover your losses, go to the firm’s website at http://www.rosenlegal.com/cases-680.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Contacts:

The Rosen Law Firm, P.A.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
275 Madison Avenue, 34th Floor
New York, NY 10016
Tel: 212-686-1060
Toll Free: 866-767-3653
Fax: 212-202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
kchan@rosenlegal.com
www.rosenlegal.com

Source: The Rosen Law Firm, P.A.

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