TREMOR VIDEO SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Tremor Video, Inc. - TRMR
(firmenpresse) - NEW ORLEANS, LA -- (Marketwired) -- 11/22/13 -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until to file lead plaintiff applications in a securities class action lawsuit against Tremor Video, Inc. (NYSE: TRMR), if they purchased the Company's securities pursuant and/or traceable to the Registration Statement and Prospectus issued in connection with Tremor Video's to June 27, 2013 Initial Public Offering (the "IPO"). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased shares of Tremor Video and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850, or email KSF Managing Partner Lewis Kahn () or KSF Partner Melinda Nicholson (). If you wish to serve as a lead plaintiff in this class action, you must petition the Court by .
About the Lawsuit
Tremor Video, certain of its executives, and the underwriters of the IPO are charged with issuing a series of materially false and misleading statements in the Registration Statement and Prospectus issued in connection with the IPO, violating federal securities laws.
These false statements and omissions included, in part, that: (i) the online advertising market had materially shifted towards mobile browsing, as opposed to desktop browsing, where the Company was at a significant disadvantage to its competitors; and (ii) the Company was losing sales to competitors as a result of its inferior mobile browsing capabilities. Since the IPO, the value of the Company's stock has declined by approximately 60%.
About Kahn Swick & Foti, LLC
To learn more about KSF, whose partners include the Former Louisiana Attorney General, Charles C. Foti, Jr., and other lawyers with significant experience litigating complex securities class actions nationwide on behalf of both institutional and individual shareholders, you may visit .
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
Melinda Nicholson, Partner
1-877-515-1850
206 Covington St.
Madisonville, LA 70447
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Datum: 22.11.2013 - 21:00 Uhr
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