The news story you are looking for has expired. A more recent related article is displayed below.

Sponsored Links

The Brualdi Law Firm, P.C. Announces Investigation on Behalf of Shareholders of STEC, Inc. for Potential Violations of Federal Securities Laws

NEW YORK, Nov 6, 2009 (GlobeNewswire via COMTEX) -- By Staff

Companies: EMC Corp. (EMC), STEC Inc (STEC)

The Brualdi Law Firm, P.C. is investigating potential violations of the federal securities laws by STEC, Inc. ("STEC" or the "Company") (Nasdaq:STEC). The investigation focuses on whether the Company issued false or materially misleading information concerning STEC's business, operations, and prospects during the time between August 3, 2009 and November 3, 2009.

On November 4, 2009, shares of STEC fell more than 36% during midway Wednesday trading after the Company reported its Q3 results and warned that its top customer, EMC (NYSE:EMC) which had placed a $120 million order for the second half of 2009, would carry its 2009 inventory over to 2010, placing STEC's 2010 first quarter results at risk.

If you purchased shares of STEC common stock pursuant between August 3, 2009 to November 3, 2009, or if you have information or would like to learn more about these possible claims, please contact Sue Lee at The Brualdi Law Firm, P.C. 29 Broadway, Suite 2400, New York, New York 10006, by telephone toll free at (877) 495-1187 or (212) 952-0602, by email to slee@brualdilawfirm.com or visit our website at http://www.brualdilawfirm.com.

The Brualdi Law Firm, P.C. is New York, New York-based law firm that dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, with a particular emphasis on sophisticated class action litigation in the securities, and antitrust areas as well as corporate derivative suits. More information about the firm is available through its website, www.brualdilawfirm.com, and upon request from the firm.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: The Brualdi Law Firm 

CONTACT:  The Brualdi Law Firm, P.C.
Sue Lee, Esq.
(212)-952-0602
(877)-495-1187
slee@brualdilawfirm.com

Copyright (C) 2009 GlobeNewswire. All rights reserved

News Provided by COMTEX

Companies: EMC Corp. (EMC), STEC Inc (STEC)


Related terms: antitrust, business, corporate, email, federal, investigation, law, nasdaq, new york, nyse, securities

Related Articles

The Brualdi Law Firm, P.C. Announces Class Action Lawsuit Against Limited Brands, Inc. - Zibb.com
Nov 6, 2009
...please contact Sue Lee at The Brualdi Law Firm, P.C. 29...Suite 2400, New York, New York 10006...The Brualdi Law Firm CONTACT: The Brualdi Law Firm, P.C. Sue Lee, Esq. (212...law, lawsuit, new york, nyse, securities...

Bidders eye assets of bankrupt US firm Chemtura
5 hours 1 minute ago
...Bidders eye Chemtura assets NEW YORK (ICIS news)--Potential buyers...document filed on Tuesday. New York City-based law firm Morgan, Lewis and Bockius disclosed...court of the southern district of New York. The attorneys will provide...

Law firm pension pay-to-play in New York
Oct 14, 2009
...MASTHEAD ADVANCED SEARCH FORUM « The Obama NLRB arrives | October 14, 2009 Law firm pension pay-to-play in New York The New York Daily News has been giving the issue a lot of attention in recent days: "Law firms gave...

F&B Trends, Buzzwords For 2010
Nov 3, 2009
...other consumer destinations. Based in New York, their projects include the late Windows...and five three-star restaurants in New York, and numerous first-class hotels...Andrew Carmellini’s Locada Verde in New York. People fight for a table at Momofuku...