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TMCNet:  Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Montage Technology Group Limited

[February 06, 2014]

Law Offices of Howard G. Smith Announces Investigation on Behalf of Investors of Montage Technology Group Limited

BENSALEM, Pa. --(Business Wire)--

Law Offices of Howard G. Smith announces that it is investigating potential claims on behalf of investors of Montage Technology Group Limited ("Montage" or the "Company") (NASDAQ:MONT) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by Montage concerning the Company's operations and financial performance.

Montage is a Shanghai, China-based provider of analog and mixed-signal semiconductor solutions for the home entertainmet and cloud computing markets. The investigation is related to a February 6, 2014, report published by Gravity Research Group, which alleges that Montage's actual revenue is significantly lower that the Company has reported to investors, and that the Company's largest distributor is nothing more than a shell company used to help fabricate Montage's financials. The report further alleges that one of Montage's largest customers, LQW Technology Company Limited, is an undisclosed related entity established by Montage and a Montage employee.


If you purchased Montage shares, including shares purchased in the Company's January 31, 2014, follow-on public offering at $21.00 per share, if you have information or would like to learn more about these claims, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.


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