MRCY INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Mercury Systems, Inc. Investors Have Opportunity to Lead Plaintiff
December 13, 2023
SAN DIEGO, Dec. 13, 2023 (GLOBE NEWSWIRE) – Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Mercury Systems, Inc. (NASDAQ: MRCY) common stock between December 7, 2020 and June 23, 2023, inclusive (the “Class Period”), have until February 12, 2024 to seek appointment as lead plaintiff of the Mercury Systems class.
Robbins Geller Rudman & Dowd LLP, a leading securities litigation law firm, is investigating potential violations of federal securities laws by Mercury Systems, Inc. (NASDAQ: MRCY) (“Mercury Systems” or the “Company”).
Investors who purchased or otherwise acquired shares of Mercury Systems common stock during the Class Period and suffered losses are encouraged to contact Robbins Geller attorney Jeff Nobles at 800-449-4900 or [email protected] to discuss their legal rights and options.
The lawsuit alleges that, throughout the Class Period, defendants made false and misleading statements and failed to disclose adverse information regarding Mercury Systems’ business, operations, and prospects. Specifically, the complaint alleges that defendants failed to disclose that: (i) Mercury Systems was suspiciously conducting business in countries subject to U.S. sanctions; (ii) Mercury Systems had inadequate controls and policies to assess and mitigate risk in this regard; (iii) the Company had been in discussions with the U.S. Department of Commerce concerning potential violations of U.S. export control laws; and (iv) as a result of the foregoing, Mercury Systems’ public statements were materially false and misleading at all relevant times per the lawsuit.
If you purchased Mercury Systems common stock during the Class Period and would like to discuss your legal rights and how this case might affect you and your right to recover your investment losses, you may contact Jeff Nobles at Robbins Geller by calling 619-231-1058 or by email at [email protected].
About Robbins Geller Rudman & Dowd LLP
Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities litigation. With 200 lawyers in 9 offices, Robbins Geller has obtained many of the largest securities class action recoveries in history for investors.
Robbins Geller attorneys have helped shape the securities laws and recovered tens of billions of dollars on behalf of aggrieved victims. Beyond securing financial recoveries for defrauded investors, Robbins Geller also advocates for corporate governance reforms, helping to improve the financial markets for investors worldwide. Therefore, investors can contact Robbins Geller attorney Jeff Nobles at 800-449-4900 or [email protected] to discuss their legal rights and options.
How Does This Affect Me?
If you are an investor who purchased or acquired Mercury Systems, Inc. (NASDAQ: MRCY) common stock between December 7, 2020, and June 23, 2023, you may have suffered losses due to the alleged misconduct by the Company. It is recommended that you contact an attorney to discuss your legal rights and options for potential recovery of investment losses.
How Does This Affect the World?
This announcement of potential securities law violations by Mercury Systems, Inc. (NASDAQ: MRCY) may impact the financial markets and investor confidence. It serves as a reminder for companies to adhere to regulations and maintain transparency in their business operations to avoid legal repercussions, ultimately contributing to a more ethical and trustworthy investment environment globally.
Conclusion
Robbins Geller Rudman & Dowd LLP’s announcement regarding Mercury Systems, Inc. (NASDAQ: MRCY) provides investors with an opportunity to seek legal recourse if they suffered losses due to alleged misconduct by the Company. This case serves as a reminder of the importance of transparency and compliance in the financial markets, both at an individual and global level.
