The Law Offices of Vincent Wong Notify Investors of a Class Action Lawsuit Involving Ubiquiti Inc.

New York, New York – (Newsfile Corp. – July 6, 2021) – Vincent Wong’s law firms announce that a class action lawsuit has been initiated on behalf of investors who have purchased Ubiquiti Inc. (NYSE: UI) (“Ubiquiti “) between January 11, 2021 and March 20, 2021.

If you have suffered a loss, contact us at the link below. There are no costs or obligations for you.
https://www.wongesq.com/pslra-1/ubiquiti-inc-loss-submission-form?prid=17415&wire=5

Allegations against UI include that the company made materially false and / or misleading information and / or failed to disclose: (1) the company downplayed the data breach in January 2021; (2) Attackers had obtained administrative access to Ubiquiti’s servers and, among other things, access to all databases, all user database credentials and secrets required to falsify single sign-on (SSO) cookies; (3) As a result, intruders already had the credentials required to access Ubiquiti customers’ systems remotely; and (4) as a result of the foregoing, Defendants’ positive statements about the business, operations and prospects of the Company were materially misleading and / or unfounded.

If you have suffered damage in Ubiquiti, you can apply until July 19, 2021 for the court to appoint you as the lead plaintiff. Your ability to partake in a recovery does not require you to be the lead plaintiff.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities disputes related to financial fraud and shareholder violations. Lawyer advertising. Previous results do not guarantee similar results.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Telephone number. 212.425.1140
Fax. 866.699.3880
Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/89478

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