Rosen Law Firm Reminds Aruba Networks, Inc. Invest
Post# of 301275
NEW YORK, July 14, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds investors of the important July 22, 2013 lead plaintiff deadline in the class action filed on behalf of all purchasers of the securities of Aruba Networks, Inc. (Nasdaq: ARUN ) between May 17, 2012 and May 16, 2013.
To join the Aruba class action, go to the website at http://rosenlegal.com or call Phillip Kim, Esq. or Kevin Chan toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
The complaint alleges that Defendants concealed Aruba's true financial condition from investors. Specifically, the Complaint alleges that contrary to its public statements: (1) the Company did not hold a competitive advantage over Cisco Systems, Inc.; (2) the Company was aware of the weaknesses in Aruba Networks' marketing abilities given the "bundling" advantages that Cisco held over Aruba Networks; (3) Cisco's bundling practices would significantly undermine the Company's market share; and (4) as a result of the above, the Company's financial statements were materially false and misleading at all relevant times.
A class action lawsuit has already been filed on behalf of Aruba shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than July 22, 2013. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan 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 focuses on prosecuting securities class action litigation and actions involving financial fraud. The Rosen Law Firm represents investors throughout the globe concentrating its practice in securities class actions.
Laurence Rosen, Esq. Phillip Kim, Esq. Kevin Chan The Rosen Law Firm P.A. Tel: (212) 686-1060 Toll Free: 1-866--767-3653 Fax: (212) 202-3827 275 Madison Avenue, 34th Floor New York, New York 10016 www.rosenlegal.com
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