LOS ANGELES, Feb. 15, 2019 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is
investigating claims on behalf of investors of United Microelectronics Corp. (“United Microelectronics” or “the Company”) (NYSE:
UMC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5
promulgated thereunder by the U.S. Securities and Exchange Commission.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information
pertinent to investors. The Department of Justice announced on November 1, 2018, that United Microelectronics was indicted for
economic espionage. The government alleges that the Company, along with co-conspirators, worked to steal the trade secrets of
Micron Technology Inc., specifically its R&D on memory storage. Based on this news, shares of United Microelectronics fell
sharply in the following trading sessions.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall, or Sherin Mahdavian, of the Schall Law Firm, 1880 Century Park East, Suite 404,
Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website
at www.schallfirm.com, or by email at brian@schallfirm.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.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder
rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of
ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
Sherin Mahdavian, Esq.
310-301-3335
Cell: 424-303-1964
info@schallfirm.com
www.schallfirm.com
SOURCE:
The Schall Law Firm
