A lawsuit was filed on behalf of investors in Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) shares over alleged securities laws violations.
San Diego, CA -- (SBWIRE) -- 04/16/2019 -- An investor, who purchased shares of Revolution Lighting Technologies, Inc. (NASDAQ: RVLT), filed a lawsuit over alleged violations of Federal Securities Laws by Revolution Lighting Technologies, Inc. in connection with certain allegedly false and misleading statements.
Investors who purchased shares of Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) have certain options and for certain investors are short and strict deadlines running. Deadline: April 1, 2019. NASDAQ: RVLT investors should contact the Shareholders Foundation at email@example.com or call +1(858) 779 - 1554.
The plaintiff alleges on behalf of purchasers of Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) common shares between March 14, 2014, and November 14, 2018, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between March 14, 2014, and November 14, 2018, the defendants made false and/or misleading statements and/or failed to disclose that the Company was improperly recognizing revenue for certain transactions, that, as a result, the Company's financial statements were misstated, that the Company lacked adequate internal controls over financial reporting, that, as a result, Company would be subject to regulatory scrutiny and incur substantial costs, and that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Those who purchased shares of Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) have certain options and should contact the Shareholders Foundation.
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About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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