Investor alert: investigation of netsol technologies, inc. announced by glancy binkow & goldberg llp

Los angeles--(business wire)--glancy binkow & goldberg llp announces that it is investigating potential claims on behalf of investors of netsol technologies, inc. (“netsol” or the “company”) (nasdaq:ntwk) concerning possible violations of federal securities laws. the investigation focuses on the company’s business, operations and financial prospects. please contact casey sadler, esquire, at (888) 773-9224 or (310) 201-9150, 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. netsol designs, develops, markets and exports software products primarily to the automobile finance and leasing, banking, healthcare and financial services industries worldwide. the investigation is related to allegations that netsol's next generation financial suite was not expected to be completed when promised, and relevant potential customers had not expressed serious interest in the product, which was not ready for testing at customer sites. as a result, the company did not have a reasonable basis for stating that its target customers, who were still using old systems for maintaining their lease and finance portfolios, were planning to replace their legacy systems or that netsol was in a good position to gain new business from these companies. if you purchased netsol securities between november 12, 2009 and november 8, 2013, 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 casey sadler, esquire, of glancy binkow & goldberg llp, 1925 century park east, suite 2100, los angeles, california 90067, by toll-free telephone at (888) 773-9224 or by telephone at (310) 201-9150, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. if you inquire by email, please include your mailing address, telephone number and number of shares purchased. this press release may be considered attorney advertising in some jurisdictions under the applicable law and ethical rules.
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