SHAREHOLDER NOTICE: Goldberg Law PC Announces Securities Class Action Lawsuit against RiT Technologies Ltd. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)-- Goldberg Law PC (www.Goldberglawpc.com) announces that a class action lawsuit has been filed against RiT Technologies Ltd. (“RiT” or the “Company”) (Nasdaq: RITT). Investors who purchased or otherwise acquired shares between March 3, 2015 and July 1, 2016 (the “Class Period”) are encouraged to contact the firm in advance of the September 26, 2016 lead plaintiff motion deadline.

If you are a shareholder who suffered a loss during the Class Period, click here to participate. In addition, we advise you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at [email protected].

The class in this case has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the complaint, the Company made false and misleading statements and/or failed to disclose that: RiT CIS Ltd. was RiT Technologies’ major distributor in Russia and the Commonwealth of Independent States region; RiT CIS was essential to the viability of RiT Technologies; and as a result of the above, the Company’s public statements were materially false and misleading at all relevant times. When this news was disclosed, shares of RiT fell in value.

Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.

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/20160728006754/en/

Goldberg Law PC, Los Angeles
Michael Goldberg, Esq., 800-977-7401
Brian Schall, Esq., 800-977-7401
[email protected]
www.Goldberglawpc.com

Source: Goldberg Law PC

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