OKLAHOMA CITY, OK--(Marketwired - Nov 27, 2013) - On November 22, 2013, a class action lawsuit was filed in the United States District Court for the Southern District of New York against Tremor Video, Inc. (
The IPO was successful for the Company and the underwriter defendants, who sold 7.5 million shares of the Company's common stock to the public at $10 per share, raising approximately $75 million in gross proceeds for the Company. Yet, by the time of filing this action, the stock was trading at approximately $4 per share, a 60% decline from the IPO price.
If you wish to discuss this action, obtain further information and participate in this or any other securities litigation, or should you have any questions or concerns regarding this notice or preservation of your rights, please contact:
Contact Information:
K. Lynn Nunn
FEDERMAN & SHERWOOD
10205 North Pennsylvania Avenue
Oklahoma City, OK 73120
Email to: kln@federmanlaw.com
Or, visit the firm's website at www.federmanlaw.com