NEW YORK, March 9, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm reminds investors of the important March 19, 2013 lead plaintiff deadline in the class action filed on behalf of investors who purchased the securities of magicJack VocalTec Ltd. (Nasdaq:CALL) between February 28, 2012 and January 8, 2013, inclusive (the "Class Period").
To join the magicJack class action, go to the website at http://rosenlegal.com or call Phillip Kim, Esq. or Kevin Chan toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action.
The complaint alleges that Defendants concealed magicJack's true financial condition in its public statements to investors. Namely, the complaint asserts that magicJack overstated revenue, earnings and cash flow in its financial statements filed with the SEC. On January 9, 2013, Copperfield Research issued a report revealing these adverse facts about magicJack. This adverse information caused magicJack stock to fall $2.01/share on January 9, 2013.
A class action lawsuit has already been filed on behalf of magicJack shareholders. If you wish to serve as lead plaintiff, you must move the Court no later than March 19, 2013. If you wish to join the litigation or to discuss your rights or interests regarding this class action, please contact, Phillip Kim, Esq. or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm focuses on prosecuting securities class action litigation and actions involving financial fraud. The Rosen Law Firm represents investors throughout the globe concentrating its practice in securities class actions.
Attorney advertising. Prior results do not guarantee a similar outcome.