FINAL DEADLINE TODAY: The Schall Law Firm Encourages Investors in Mercury Systems, Inc. with Losses of $100,000 to Contact the Firm


LOS ANGELES, California / ACCESSWIRE / February 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Mercury Systems, Inc. (“Mercury” or “the Company”) (NASDAQ: MRCY) for violations of §§ 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the United States Securities and Exchange Commission.

Investors who purchased the Company's securities between December 7, 2020 and June 23, 2023, inclusive (the “Class Period”) are encouraged to contact the Company before February 12, 2024.

If you are a shareholder who suffered a loss, Click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, 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 [email protected].

In this case, the class has not yet been certified and until certification is obtained, you are not represented by an attorney. If you choose to do nothing, you may remain an absent class member.

According to the complaint, the company made false and misleading statements to the market. Mercury's strategic plan of serial acquisitions was not working and masked slowing organic growth with inappropriate revenue recognition. The Company's acquisition of Physical Optics Corporation (“POC”) caused it to lose its small business accreditation and harmed its ability to win contracts. The company had at least 20 programs that performed poorly. Based on these facts, the Company's public statements were false and misleading throughout the Class Period. When the market learned the truth about Mercury, investors suffered damage.

The Schall Law Firm represents investors throughout the world and specializes in securities class actions and shareholder rights litigation.

This press release may be considered attorney advertising in some jurisdictions under applicable law and ethical rules.

CONTACT:

The Schall Law Firm
Brian Schall, esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE: The Schall Law Firm

View original Press release on accesswire.com



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