Law
Offices of Howard G. Smith announces an investigation on behalf of
investors who purchased Ooma, Inc. (“Ooma” or the “Company”) (Nasdaq:
OOMA) securities pursuant to and/or traceable to the Registration
Statement and Prospectus issued in connection with Ooma’s July 17, 2015
initial public offering (the “IPO”). Investors who have suffered losses
on their investment in Ooma securities are encouraged to contact the Law
Offices of Howard G. Smith to discuss their legal rights in this class
action.
On July 17, 2015, Ooma raised $65 million in its IPO, having priced its
stock at $13 per share. Since then, Ooma's stock has been trading at
approximately half the IPO price, after reporting disappointing
financial results to investors.
If you purchased shares of Ooma, have information or would like to learn
more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at http://www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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