INVESTOR NOTICE: Lundin Law PC Announces Securities Class Action Lawsuit Against Mentor Graphics Corp. And Reminds Investors With Losses In Excess of $150,000 To Contact The Firm
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LOS ANGELES--(BUSINESS WIRE)-- Lundin Law PC announces a class action lawsuit has been filed against Mentor Graphics Corp. (“Mentor” or the “Company”) (NASDAQ: MENT) concerning possible violations of federal securities laws between August 21, 2014 and November 19, 2015. Investors who purchased or otherwise acquired shares during the Class Period should contact the Firm no later than 60 days from the date of this notice.
To participate in this class action lawsuit, please contact Brian Lundin, Esquire, of Lundin Law PC, at 888-713-1033, or via e-mail at [email protected].
According to the complaint, the Company made materially false and misleading statements to investors and/or failed to disclose that: (1) Mentors’ customers had participated in an incredible number of mergers and acquisitions in 2015 and earlier, causing the delay of purchases of Mentor's products; and (2) demand for Mentors' emulation products had declined as a result of competitors, despite the Company’s assurances that it would be a "long time" before any competitor could release a significantly competitive virtual emulation product.
No class has been certified in the above action. Until a class is certified, you are not considered represented by an attorney. You may also choose to do nothing and be an absent class member.
Lundin Law PC was created by Brian Lundin, a securities litigator based in Los Angeles.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160321006342/en/
Lundin Law PC
Brian Lundin, Esq.
Telephone: 888-713-1033
Facsimile:
888-713-1125
[email protected]
Source: Lundin Law PC
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