Archive for September, 2015

Marvell Technology Group Alert – Investors encouraged to contact law firm

MARVELL TECHNOLOGY ALERT: National Securities Law Firm Announces Filing of Lawsuit on behalf of Marvell Technology to Recover Losses, and Encourages Investors to Contact Law Firm for More Information

September 14, 2015
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that a class action lawsuit has been filed against Marvell Technology Group, Ltd. (“Marvell” or the “Company”) (NASDAQ: MRVL) and certain of its officers. The class action, filed in United States District Court for the Southern District of New York, is on behalf of a class consisting of all persons or entities who purchased Marvell securities between November 20, 2014 and September 10, 2015 inclusive (the “Class Period”).

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Marvell had engaged in inappropriate revenue recognition practices; (2) the Company’s management permitted an inappropriate and ineffective control environment; (3) as a result, Marvell’s key accounting metrics were misstated; (4) that the Company lacked adequate controls at all relevant times; (5) and as a result of the foregoing, Defendants’ statements about Marvell’s business, operations, and prospects, were false and misleading and/or lacked a reasonable basis.

If you purchased shares of Marvell during the Class Period and have suffered a loss from your investment in Marvell common stock and would like to learn more about this lawsuit, including your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website or go to Participate in an Action.

Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.”

Attorney advertising. Prior results do not indicate a similar outcome.

Solera Holdings Alert – Investors encouraged to contact law firm

SOLERA HOLDINGS ALERT – National Securities Law Firm Seeks Higher Price for Solera Holdings Shareholders, and Encourages Shareholders to Contact Law Firm for More Information

September 14, 2015
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the sale of Solera Holdings, Inc. (NYSE: SLH) (“Solera” or the “Company”) on behalf of its shareholders. Solera announced that it has entered into a definitive merger agreement pursuant to which an affiliate of Vista Equity Partners (“Vista”) will acquire Solera in a transaction valued at approximately $6.5 billion, including the existing net debt of Solera. Other key investors include an affiliate of Koch Equity Development LLC, and an affiliate of Goldman, Sachs & Co. Pursuant to the merger agreement, Vista will acquire 100% of the outstanding shares of Solera common stock for $55.85 per share in cash in the merger.

Our investigation seeks to determine whether Solera engaged in a full and fair auction and process to insure that its shareholders obtained the maximum price possible for their shares. The investigation further seeks to determine whether the senior management of Solera are entering into this deal for their own self-interests to the detriment of the Company’s shareholders.

If you are a shareholder of Solera and would like additional information as to how the acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us toll free at 1-800-511-7037 or contact us via our website or go to Participate in an Action.

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

Super Micro Computer Alert – Investors encouraged to contact law firm

SUPER MICRO ALERT: National Securities Law Firm Announces Investigation of Potential Securities Claims Against Super Micro Computers, and Encourages Investors With Losses to Contact Law Firm for More Information

September 1, 2015
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential securities claims on behalf of investors of Super Micro Computer, Inc. (NASDAQ: SMCI) (“Super Micro” or the “Company”) resulting from allegations that Super Micro may have issued materially misleading business information to the investing public.

On August 31, 2015, post-market, Super Micro disclosed that the Company, “has determined that it is unable to file its Annual Report on Form 10-K for the fiscal year ended June 30, 2015 within the prescribed time period without unreasonable effort or expense. [Super Micro] recently discovered certain irregularities regarding certain marketing expenses and additional time is required for [Super Micro] to complete its investigation of the matter.”

On this news, shares of Super Micro fell $2.58, or 9.43%, to $24.77 per share on September 1, 2015.

If you purchased shares of Super Micro and have suffered a loss from your investment in Super Micro common stock and would like to learn more about this investigation, including your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website or go to Participate in an Action.

Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.”

Attorney advertising. Prior results do not indicate a similar outcome

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