J&W Reminds Investors of Deadline in Suit Filed against PCM, Inc. (PCMI); Should Officers and Directors be Responsible for the Alleged Harm?
SAN DIEGO— PRNewswire—June 22, 2017
Johnson & Weaver, LLP reminds investors that a class action suit was was filed against PCM, Inc. (NASDAQ: PMCI) (“PCM”) for purchasers of the stock between June 17, 2015 through May 2, 2017, inclusive (the “Class Period”). We are also investigating whether officers and directors of the Company should be held responsible for alleged harm as detailed below:
In April 2015, PCM acquired the assets of En Point Technologies Sales, Inc. According to the lawsuit, throughout the Class Period, Defendants made false and misleading statements and failed to disclose that: (1) En Pointe’s financial statements that PCM filed with the SEC materially overstated the profitability of the business; and (2) as a result, PCM’s public statements were materially false and misleading at all relevant times. When the factual details entered the market, the lawsuit claims that investors suffered damages.
If you purchased PCM shares during the Class Period and suffered a loss you have until July 3, 2017, to request that the Court appoint you as lead plaintiff.
Additionally, if you have held PCM shares continuously since at least June 17, 2015, you may have standing to hold the Company harmless from the damage the officers or directors are alleged to have caused the Company. You may also be able to assist in reforming the Company’s corporate governance to prevent future wrongdoing.
If you are interested in learning more about your legal rights and remedies, or becoming a lead plaintiff, please contact analyst Jim Baker ([email protected]) at 619-814-4471. If you email, please include your phone number.
About Johnson & Weaver, LLP:
Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York, and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit https://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.