SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors with Losses on Their
Investment in Groupon, Inc. of Class Action Lawsuit and the Deadline of
February 19, 2013 to Seek a Lead Plaintiff Position
NEW YORK -- February 11, 2013
Levi & Korsinsky announces that a class action lawsuit has been commenced in
the United States District Court for the Northern District of Illinois on
behalf of investors who purchased Groupon, Inc. (“Groupon” or the “Company”)
(NasdaqGS: GRPN) stock between May 14, 2012 and November 8, 2012 (the “Class
For more information, click here: http://zlk.9nl.com/groupon/.
The complaint alleges that during the Class Period, defendants issued
materially false and misleading statements regarding the Company’s business
and prospects which resulted in the Company’s stock trading at artificially
inflated prices. In particular it is alleged that Groupon misrepresented or
failed to disclose that: (a) an increasing share of the Company’s revenue
growth was being derived from its non-core, lower-margin Groupon Goods
business; (b) the Company’s business growth was less robust than represented;
and (c) the Company’s revenue mix was shifting in a manner which would likely
lead to lower margins.
If you suffered a loss in Groupon you have until February 19, 2013 to request
that the Court appoint you as lead plaintiff. Your ability to share in any
recovery doesn’t require that you serve as a lead plaintiff. To obtain
additional information, contact Joseph E. Levi, Esq. either via email at
email@example.com or by telephone at (877) 363-5972, or visit
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and
Washington D.C. The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. Attorney advertising. Prior
results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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