LOS ANGELES, May 23, 2017 (GLOBE NEWSWIRE) -- Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against PCM, Inc. (“PCM” or the “Company”) (Nasdaq:PCMI) for possible violations of federal securities laws between June 17, 2015 and May 2, 2017 inclusive (the “Class Period”). Investors who purchased or otherwise acquired shares during the Class Period should contact the firm prior to July 3, 2017, the lead plaintiff motion deadline.
To participate in this class action lawsuit, click here.
You can also call Brian Lundin, Esq., of Lundin Law PC, at 888-713-1033, or you can e-mail him at brian@lundinlawpc.com.
No class has been certified in the above action yet. 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.
According to the Complaint, throughout the Class Period, PCM violated federal securities laws. In April 2015, PCM acquired En Pointe Technologies, Inc. and publicly filed En Pointe’s supposed financial statements. On May 2, 2017, Seeking Alpha disclosed that PCM alleged that En Pointe’s net income was overstated due to several accounting shenanigans and thus its public statements were materially false and misleading at all relevant times. When this information was announced, PCM’s stock priced fell materially, which harmed investors according to the Complaint.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles dedicated to upholding shareholders’ rights.
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