INVESTOR ALERT: Rosen Law Firm Announces Filing of Securities Class Action
Against magicJack VocalTec Ltd. -- CALL
NEW YORK, Jan. 23, 2013 (GLOBE NEWSWIRE) -- The Rosen Law Firm today announced
that a class action lawsuit has been filed on behalf of all purchasers of the
securities of magicJack VocalTec Ltd., (Nasdaq:CALL) between February 28, 2012
and January 8, 2013, inclusive.
To join the magicJack class action, go to the website at http://rosenlegal.com
or call Phillip Kim, Esq. or Kevin Chan toll-free at 866-767-3653 or email
email@example.com or firstname.lastname@example.org for information on the class
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
ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY
RETAIN COUNSEL OF YOUR CHOICE.
The complaint alleges that Defendants concealed magicJack's true financial
condition in its public statements to investors. Namely, that magicJack
overstated revenue, earnings and cash flow in its financial statements filed
with the SEC. On January 9, 2013, Copperfield Research issued a report
revealing these adverse facts about magicJack. This adverse information caused
magicJack stock to fall $2.01/share on January 9, 2013.
A class action lawsuit has already been filed on behalf of magicJack
shareholders. If you wish to serve as lead plaintiff, you must move the Court
no later than March 19, 2013. If you wish to join the litigation or to discuss
your rights or interests regarding this class action, please contact, Phillip
Kim, Esq. or Kevin Chan 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 focuses on prosecuting securities class action litigation
and actions involving financial fraud. The Rosen Law Firm represents investors
throughout the globe concentrating its practice in securities class actions.
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm P.A.
Tel: (212) 686-1060
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
275 Madison Avenue, 34th Floor
New York, New York 10016
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