NEW YORK, March 31, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of SanDisk Corporation (Nasdaq:SNDK) between October 16, 2014 and March 25, 2015.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. If you purchased or otherwise acquired SanDisk Corporation ("SanDisk") securities between October 16, 2014 and March 25, 2015, your rights may be affected by this action. To get more information click here:
HTTP://ZLK.9NL.COM/SANDISK-INFOSHEET
The complaint alleges, among other allegations, that Defendants made materially false and misleading statements regarding quality control within the corporate organizational structure.
On March 26, 2015, the Company issued a press release announcing that it expects its revenue for the fiscal first quarter to be approximately $1.3 billion, rather than the previously forecasted revenue of $1.40 billion to $1.45 billion. Upon this news, shares of SanDisk declined $14.98 per share to close at $66.20 per share.
If you suffered a loss in SanDisk you have until May 29, 2015 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/sandisk-infosheet.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 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.
CONTACT: Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
