SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Class Action Against IEC
Electronics Corp. and Its Board of Directors and a Deadline of August 27, 2013
to Seek a Lead Plaintiff Position -- IEC
NEW YORK, Aug. 12, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a
class action lawsuit has been commenced in the United States District Court
for the Southern District of New York on behalf of investors who purchased IEC
Electronics Corp. ("IEC" or the "Company") (NYSE MKT:IEC) common stock between
February 8, 2012 and May 21, 2013.
Click here to learn more about the action
http://zlk.9nl.com/iec-elecronics-iec/, or call: 877-363-5972. There is no
cost or obligation to you.
The complaint alleges that the Company improperly accounted for
work-in-process inventory in one of its subsidiaries, and that due to this
improper accounting IEC overstated its gross profit, violated Generally
Accepted Accounting Principles, and issued materially false and misleading
financial statements. On May 1, 2013, IEC announced it would restate the
Company's consolidated financial statements for the fiscal year ended
September 30, 2012, quarterly periods during fiscal 2012, and quarter ended
December 28, 2012.
If you suffered a loss in IEC you have until August 27, 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 firstname.lastname@example.org or
by telephone at (212) 363-7500, toll-free: (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.
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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