Energy News / Shareholders Foundation, Inc.

NASDAQ:VUZI Shareholder Notice: Investigation over Possible Securities Laws Violations by Vuzix Corporation

Via: ReleaseWire

Updated 11:00 AM CDT, Mon, April 02,2018

An investigation for investors in Vuzix Corporation (NASDAQ:VUZI) shares over potential securities laws violations by Vuzix Corporation was announced.

San Diego, CA -- (SBWIRE) -- 04/02/2018 -- Vuzix Corporation is under investigation over possible securities laws violations in connection with certain financial statements made by Vuzix Corporation.

Investors who purchased shares of Vuzix Corporation (NASDAQ:VUZI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Vuzix Corporation (NASDAQ:VUZI) concerning whether a series of statements by Vuzix Corporation (NASDAQ:VUZI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

On March 16, 2018, a report was issued stating "Vuzix recently used an undisclosed stock promotion involving dozens of mainstream media outlets to artificially inflate the share price and volume, and then raise $30 million." Shares of Vuzix Corporation (NASDAQ:VUZI) declined on March 21, 2018 to as low as $5.80 per share.

Those who purchased shares of Vuzix Corporation (NASDAQ:VUZI) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

For more information on this press release visit:
http://www.sbwire.com/press-releases/nasdaqvuzi-shareholder-notice-investigation-over-possible-securities-laws-violations-by-vuzix-corporation-957675.htm

Media Relations Contact
Michael Daniels
858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com