NEW YORK, April 1, 2015 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential securities claims on behalf of investors of AudioEye, Inc. (OTC: AEYE) resulting from allegations that AudioEye may have issued materially misleading business information to the investing public.
On April 1, 2015, AudioEye announced that its previously issued financial statements for the quarters ended March 31, June 30 and September 30, 2014 will be restated due to errors. Furthermore, AudioEye stated that its preliminary earnings release issued by the Company on January 12, 2015 relating to the quarter and year ended December 31, 2014 should no longer be relied upon. The Company also announced that, Edward O'Donnell, resigned as the Company's Chief Financial Officer.
As a result of this announcement, the Company's stock has fallen 22% during intraday trading on April 1, 2015.
If you purchased shares of AudioEye and have suffered a loss from your investment in AudioEye common stock and would like to learn more about this investigation, including your ability to potentially recover your losses, please contact us either by email at contact@tripplevy.com or by telephone at (800) 511-7037 or visit our website at www.tripplevy.com/participate-in-an-action.
Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with Milberg LLP. The National Law Journal has named Milberg one of the "50 Elite Trial Lawyer Firms" and one of the "50 Leading Plaintiff Firms in America."
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New York, New York
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SOURCE Tripp Levy PLLC