Levi & Korsinsky is investigating Fusion-io, Inc. (“Fusion-io”)
(NYSE:FIO) for possible securities law violations arising out of the
conduct of the Company's insiders during the 2013 fiscal year.
Click here to learn more about the investigation: http://zlk.9nl.com/fusion-io-fio/
or call: 877-363-5972. There is no cost or obligation to you.
On October 23, 2013, Fusion-io reported a loss of $27.9 million for the
most recent quarter, and announced revenue was down 27%. The Company
also announced that CFO Dennis Wolf is leaving the Company, while sales
chief James Dawson is retiring. Shares of Fusion-io plummeted more than
24% the following day. The investigation concerns whether, and to what
extent, any of the Company's insiders were aware of Fusion-io's
weakening business condition prior to the October 23 announcement,
whether they manipulated its financial results, and whether any Company
insiders sold Company stock at artificially inflated prices.
If you own Fusion-io stock and wish to obtain additional information
about the investigation and your legal rights, please 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/fusion-io-fio/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut, and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities and
shareholder lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.
Copyright Business Wire 2013