General of Louisiana, Charles C. Foti, Jr., remind investors that they
have until July 3, 2017 to file lead plaintiff applications in a
securities class action lawsuit against PCM, Inc. (NasdaqGM: PCMI), if
they purchased the Company's securities between June 17, 2015 and May 2,
2017, inclusive (the "Class Period"). This action is pending https://www.youtube.com/watch?v=tx5hfLp3Vqc in the
United States District Court for the Central District of California.
What You May Do
If you purchased securities of PCM and would like to discuss your legal
rights and how this case might affect you and your right to recover for
your economic loss, you may, without obli gation or cost to you, call
toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn (lewis.kahn@ksfcounsel.com).
If you wish to serve as a lead plaintiff in this class action, you must
petition the Court by July 3, 2017.
About the Lawsuit
PCM and certain of its executives are charged with failing to disclose
material information during the Class Period, violating federal
securities laws.
On June 17, 2015, PCM publicly filed the financial statements of En
Pointe, a company it http://www.dictionary.com/browse/attorney had recently acquired. Then, on May 2, 2017, Seeking
Alpha reported that in the course of litigation with En Pointe's
prior owner, the Company had stated that "[a]udited financials provided
by En Pointe, and filed with the SEC, materially overstated the
profitability of the business"; thus, PCM's public statements were
materially false and misleading at all relevant times.
On this news, the price of PCM's shares plummeted.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General
Charles C. Foti, Jr., is a law firm focused on securities, antitrust and
consumer class actions, along with merger & acquisition and breach of
fiduciary litigation against publicly traded companies on behalf of
shareholders. The firm has offices in New York, California and Louisiana.
To learn more about KSF, you may visit www.ksfcounsel.com.
http://www.businesswire.com/news/home/20170609005608/en/PCM-SHAREHOLDER-ALERT-Louisiana-Attorney-General-Kahn
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