Company Website:
http://www.rosenlegal.com/cases-1102.html
NEW YORK -- (Business Wire)
Rosen Law Firm, a global investor rights law firm, reminds purchasers of
Alliance MMA, Inc. securities (NASDAQ:AMMA) pursuant and/or traceable to
the Alliance MMA’s initial public offering on or about October 6, 2016
of the important June 16, 2017 lead plaintiff deadline in the
first-filed class action commenced by Rosen Law Firm. The lawsuit seeks
to recover damages for Alliance MMA investors under the federal
securities laws.
To join the Alliance MMA class action, go to http://www.rosenlegal.com/cases-1102.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 to the lawsuit, defendants throughout the Class Period made
false and/or misleading statements and/or failed to disclose that: (1)
the condensed consolidated financial statements for the three months
ended June 30, 2016 could not be relied upon because of an error in
recognizing as compensation transfers of common stock by an affiliate of
Alliance MMA to individuals who were at the time of transfer, or
subsequently became, officers, directors or consultants of Alliance MMA;
(2) the condensed consolidated financial statements for the six months
ended June 30, 2016 could not be relied upon because of an error in
recognizing as compensation transfers of common stock by an affiliate of
Alliance MMA to individuals who were at the time of transfer, or
subsequently became, officers, directors or consultants of Alliance MMA;
and (3) as a result, defendants’ statements about Alliance MMA’s
business, operations, and prospects were materially false and misleading
and/or lacked a reasonable basis at all relevant times. When the true
details entered the market, the lawsuit claims that 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 June 16, 2017. If
you wish to join the litigation, go to http://www.rosenlegal.com/cases-1102.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at
866-767-3653 or via email at pkim@rosenlegal.com
or kchan@rosenlegal.com.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm
or on Twitter: https://twitter.com/rosen_firm.
Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Attorney Advertising. Prior results do not guarantee a
similar outcome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170427006792/en/
Contacts:
Laurence Rosen, Esq.
Phillip Kim, Esq.
Kevin Chan, Esq.
The
Rosen Law Firm, P.A.
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: Rosen Law Firm
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