Glancy Prongay & Murray LLP Continues Investigation on Behalf of Ubiquiti Networks, Inc. Investors (UBNT)

Glancy Prongay & Murray LLP (“GPM”) continues its investigation on behalf of Ubiquiti Networks, Inc. (“Ubiquiti” or the “Company”) (NASDAQ: UBNT) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Ubiquiti page on our website at www.glancylaw.com/case/ubiquiti-networks-inc

On September 18, 2017, Citron Research issued a report alleging that the Company misstated critical operating metrics, including net income margins, in order to conceal poor financial operating results. The report also alleges that the Company’s distribution network and corporate culture raise several red flags. On this news the Company’s shares fell more than 7% on September 18, 2017.

If you purchased Ubiquiti securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley F. Portnoy, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts:

Glancy Prongay & Murray LLP, Los Angeles/New York
Lesley F. Portnoy, 310-201-9150 or 888-773-9224
shareholders@glancylaw.com
www.glancylaw.com

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.