Equity alert: the rosen law firm files securities class action against audioeye, inc. – aeye

New york--(business wire)--the rosen law firm, a global investor rights law firm, announces that it has filed a class action lawsuit on behalf of purchasers of audioeye, inc. (otc:aeye) securities from may 14, 2014 through april 1, 2015. the lawsuit seeks to recover damages for audioeye investors under the federal securities laws and arizona securities laws. to join the audioeye class action, go to the website at http://www.rosenlegal.com/cases-567.html or call phillip kim, esq. or kevin chan, esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. the suit is pending in the u.s. district court for the district of arizona. no class has yet been certified in the above action. until a class is certified, you are not represented by counsel unless you retain one. you may also remain an absent class member and do nothing at this point. you may retain counsel of your choice. according to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) audioeye’s financial statements contained errors concerning the classification of revenues and expenses; (2) the company lacked adequate internal controls over its financial reporting; and (3) as a result of the foregoing, the company’s financial statements were materially false and misleading at all relevant times. when the true details entered the market, the suit claims that investors suffered damages. a class action lawsuit has already been filed. if you wish to serve as lead plaintiff, you must move the court no later than june 15, 2015. if you wish to join the litigation, go to the website at http://www.rosenlegal.com/cases-567.html or to discuss your rights or interests regarding this class action, please contact phillip kim, esq. or kevin chan, esq. of the rosen law firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com. the rosen law firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. attorney advertising. prior results do not guarantee a similar outcome.
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