Goldberg
Law PC (www.Goldberglawpc.com)
announces that a class action lawsuit has been filed against Mentor
Graphics Corp. (“Mentor” or the “Company”) (NASDAQ:MENT). Investors
who purchased or otherwise acquired shares between August 21, 2014
and November 19, 2015, (the “Class Period”), are encouraged to
contact the firm in advance of the May 17, 2016, lead plaintiff motion
deadline.
If you are a shareholder who suffered a loss during the Class Period, click
here to participate. In addition, we advise you to
contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999
Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401,
to discuss your rights without cost to you. You can also reach us
through the firm’s website at http://www.Goldberglawpc.com,
or by email at info@goldberglawpc.com.
The class in this case has not yet been certified, and until
certification occurs, you are not represented by an attorney. If you
choose to take no action, you can remain an absent class member.
According to the complaint, the Company made materially false and
misleading statements to investors and/or failed to disclose that: (1)
Mentor’s customers had participated in an incredible number of mergers
and acquisitions in 2015 and earlier, causing the delay of purchases of
Mentor’s products; and (2) demand for Mentor’s emulation products had
declined as a result of competitors, despite the Company’s assurances
that it would be a “long time” before any competitor could release a
substantially competitive product.
Goldberg Law PC represents shareholders around the world and specializes
in securities class actions and shareholder rights litigation.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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