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 L-3 Communications
Holdings, Inc. (“L-3” or the “Company”) (NYSE:LLL) securities between
April 25, 2013 and July 30, 2014.
For more information, click here: http://zlk.9nl.com/l3-communications-lll.
The complaint alleges that during the Class Period defendants issued
materially false and misleading statements regarding the Company’s
financial performance and prospects, and failed to disclose adverse
facts, including: (a) that cost overruns on a fixed-price maintenance
and logistics support contract were inappropriately deferred, resulting
in an overstatement of the Company’s operating income; (b) the Company’s
net sales with respect to the fixed-price maintenance and logistics
support contract were overstated; and (c) that the Company lacked
adequate controls over its financial reporting.
If you suffered a loss in L-3 you have until September 30, 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/l3-communications-lll.
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.
Copyright Business Wire 2014