Rosen Law Firm Encourages Investors Who Have Losses in Excess of $50,000 From
Investment in Envivio, Inc. to Inquire About Class Action -- ENVI
NEW YORK, Nov. 24, 2012 (GLOBE NEWSWIRE) -- In connection with the class
actions that have been announced against Envivio, Inc. (Nasdaq:ENVI), The
Rosen Law Firm encourages investors with losses in excess of $50,000 to
consider a lead plaintiff position.
To join the Envivio class action, visit the firm's website at
http://rosenlegal.com, or call Phillip Kim, Esq., toll-free, at 866-767-3653;
you may also email firstname.lastname@example.org for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY
CHOOSE TO DO NOTHING AT THIS POINT AND REMAIN AN ABSENT CLASS MEMBER.
The class action alleges that Envivio, Inc. made false statements of material
fact in its prospectus issued in connection with the Company's April 24, 2012
initial public offering. Namely, Envivio failed to disclose that due to
budgetary constraints, a significant number of its customers were already
delaying capital spending in the multi-screen video industry, and that the
sales cycle for new business was lengthening for the Company since it was
taking significantly more time for it to complete business transactions. The
Complaint alleges that when this adverse information became known, the value
of the Company's stock lost more than half of its value.
If you purchased Envivio stock after April 24, 2012, you may join the class
action to recover your investment losses. To join the class action, please
visit the website at http://rosenlegal.com.You may also contact Phillip Kim,
Esq. or Jonathan Horne, Esq. of The Rosen Law Firm toll free at 866-767-3653
or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
Attorney Advertising.Prior results do not guarantee a similar outcome.
CONTACT: Phillip Kim, Esq.
Jonathan Horne, Esq.
The Rosen Law Firm P.A.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
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