|[December 06, 2013]
Glancy Binkow & Goldberg Announces Lead Plaintiff Deadline In The Class Action Lawsuit Against Violin Memory, Inc.
LOS ANGELES --(Business Wire)--
Binkow & Goldberg LLP announces that all purchasers of the
common stock of Violin
Memory, Inc. ("Violin" or the "Company") (NYSE:VMEM) pursuant and/or
traceable to the Company's September 26, 2013, initial public offering
("IPO"), have until January 27, 2014, to file a motion to be appointed
as lead plaintiff in the shareholder lawsuit filed in the United States
District Court for the Northern District of California.
A COPY OF THE COMPLAINT
IS AVAILABLE FROM THE COURT OR FROM GLANCY BINKOW & GOLDBERG LLP. PLEASE
CONTAT US AT (212) 682-5340, TOLL-FREE AT (888) 773-9224, OR AT SHAREHOLDERS@GLANCYLAW.COM
TO DISCUSS THIS MATTER. IF YOU INQUIRE BY EMAIL PLEASE INCLUDE YOUR
MAILING ADDRESS, TELEPHONE NUMBER AND NUMBER OF SHARES PURCHASED.
Violin develops and supplies memory-based storage systems to bring
storage performance in line with high-speed applications, servers and
networks in the Americas, Europe and the Asia Pacific. The Complaint
alleges that the prospectus and registration statement issued in
connection with the Company's IPO were false and misleading because they
failed to disclose that the Company was being negatively impacted by
known trends affecting its sales and revenues. Specifically, the
Complaint alleges that the Company failed to disclose that, prior to the
IPO, the Company's sales and revenues were being negatively impacted by
the reprioritization of federal agencies' budgets due to the uncertainty
surrounding the negotiations over the federal budget and the possibility
of a shutdown of the federal government.
To learn more about this action, or if you have any questions concerning
this Notice or your rights or interests with respect to these matters,
please contact Michael
Goldberg, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century
Park East, Suite 2100, Los Angeles, California 90067, Toll-Free at (888)
773-9224, or contact Gregory
Linkh, Esquire, of Glancy Binkow & Goldberg LLP at 122 E. 42nd
Street, Suite 2920, New York, New York 10168, at (212) 682-5340, by
e-mail to firstname.lastname@example.org,
or visit our website at http://www.glancylaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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