NEW YORK, Oct. 1, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of New York on behalf of investors who purchased Millennial Media, Inc. ("Millennial Media" or the "Company") (NYSE:MM) securities between March 28, 2012 and May 7, 2014 and persons who purchased common stock pursuant and/or traceable to registered public offering on or about March 28, 2012 and October 24, 2012.
For more information, click here: http://zlk.9nl.com/millennial-media-mm.
The Complaint alleges that defendants made materially false and misleading statements and/or omitted material information regarding, among other things, the development and functionality of crucial technological products, the business synergies and integration progress of certain corporate acquisitions, and the prospects and outlook for the Company's performance.
If you suffered a loss in Millennial Media you have until December 1, 2014 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/millennial-media-mm.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.