LOS ANGELES–(BUSINESS WIRE)–Goldberg Law PC (www.Goldberglawpc.com)announces that a class action lawsuit has been filed against RiTTechnologies Ltd. (“RiT” or the “Company”) (Nasdaq: RITT). Investors whopurchased or otherwise acquired shares between March 3, 2015 and July 1,2016 (the “Class Period”) are encouraged to contact the firm in advanceof the September 26, 2016 lead plaintiff motiondeadline.
If you are a shareholder who suffered a loss during the Class Period, clickhere to participate. In addition, we advise you to contactMichael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of theStars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discussyour rights without cost to you. You can also reach us through thefirm’s website at http://www.Goldberglawpc.com,or by email at [email protected].
The class in this case has not yet been certified, and untilcertification occurs, you are not represented by an attorney. If youchoose to take no action, you can remain an absent class member.
According to the complaint, the Company made false and misleadingstatements and/or failed to disclose that: RiT CIS Ltd. was RiTTechnologies’ major distributor in Russia and the Commonwealth ofIndependent States region; RiT CIS was essential to the viability of RiTTechnologies; and as a result of the above, the Company’s publicstatements were materially false and misleading at all relevant times.When this news was disclosed, shares of RiT fell in value.
Goldberg Law PC represents shareholders around the world and specializesin securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in somejurisdictions under the applicable law and ethical rules.
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