The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired
securities of Mentor Graphics Corp. (“Mentor” or the “Company”)
(NASDAQ:MENT) between August 21, 2014 and
November 19, 2015.
You are hereby notified that a securities class action has been
commenced in the USDC for the District of Oregon, Portland Division. If
you purchased or otherwise acquired Mentor securities between August 21,
2014 and November 19, 2015, your rights may be affected by this action.
To get more information go to: http://www.zlk.com/pslra/mentor-graphics-corp.
The complaint alleges that throughout the class period, Mentor issued
false and misleading statements and/or failed to disclose that, among
other allegations: (1) Mentors 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
Mentors’ 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 significantly competitive virtual emulation
product.
If you suffered a loss in Mentor you have until May
17, 2016 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://www.zlk.com/pslra/mentor-graphics-corp.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, California, Connecticut, and Washington D.C. The firm’s
attorneys have extensive expertise and experience representing investors
in securities litigation involving financial fraud, and have recovered
hundreds of millions of dollars for aggrieved shareholders. Attorney
advertising. Prior results do not guarantee similar outcomes.
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