IEV ELECTRONICS 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
NEW YORK, NY -- (Marketwired) -- 08/14/13 -- 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.
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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