RM LAW Announces Investigation of Ubiquiti Networks, Inc.

BERWYN, Pa., Feb. 20, 2018 /PRNewswire/ -- RM LAW, P.C. has commenced an investigation into potential securities law violations by certain officers of Ubiquiti Networks, Inc. ("Ubiquiti" or the "Company") (NASDAQ: UBNT).

If you purchased shares of Ubiquiti and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.

On February 20, 2018, Ubiquiti disclosed that a week earlier, the SEC "issued subpoenas to Ubiquiti and certain of the Company's officers "requesting documents and information relating to a range of topics, including metrics relating to the Ubiquiti Community, accounting practices, financial information, auditors, international trade practices, and relationships with distributors and various other third parties."

On this news, the Company's stock has plunged nearly 33% in early trading, causing tens of millions of dollars in losses to investors.

For more information regarding this, please contact RM LAW, P.C.  (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at rm@maniskas.com or click here.   For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here. 

RM LAW, P.C. is a national shareholder litigation firm.  RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

CONTACT: RM LAW, P.C.
Richard A. Maniskas, Esquire
1055 Westlakes Dr., Ste. 300
Berwyn, PA 19312
484-324-6800
844-291-9299
rm@maniskas.com

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SOURCE RM LAW, P.C.