IRVINE, Calif., May 25, 2017 (GLOBE NEWSWIRE) -- Khang & Khang LLP (the “Firm”) announces a securities class action lawsuit against PCM, Inc. (“PCM” or the “Company”) (Nasdaq:PCMI). Investors who purchased or otherwise acquired shares between June 17, 2015 and May 2, 2017, inclusive (the “Class Period”), are encouraged to contact the Firm in advance of the July 3, 2017 lead plaintiff motion deadline.
If you purchased PCM shares during the Class Period, please contact Joon M. Khang, Esq., of Khang & Khang LLP, 18101 Von Karman Avenue, 3rd Floor, Irvine, CA 92612, by telephone: (949) 419-3834, or by e-mail at joon@khanglaw.com.
There has been no class certification in this case yet. Until certification occurs, you are not represented by an attorney. You may also choose to take no action and remain a passive class member.
The Complaint alleges that during the Class Period, PCM violated federal securities laws by making materially false and/or misleading statements, and/or failing to disclose material information to investors. In April 2015, PCM acquired En Pointe Technologies, Inc. and publicly filed its 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, the stock price of PCM fell materially, which harmed investors according to the Complaint.
If you wish to learn more about this lawsuit, or if you have any questions concerning this notice or your rights, please contact Joon M. Khang, a prominent litigator for almost two decades, by telephone at (949) 419-3834, or via e-mail at joon@khanglaw.com.
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