SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action against NII HOLDINGS, INC. and Its Board of Directors

  SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action
  against NII HOLDINGS, INC. and Its Board of Directors and a Lead Plaintiff
  Deadline of May 5, 2014 -- NIHD

Business Wire

NEW YORK -- April 10, 2014

Levi & Korsinsky announces that a class action lawsuit has been commenced in
the United States District Court for the Eastern District of Virginia on
behalf of investors who purchased NII Holdings, Inc. (“NII” or the “Company”)
(NasdaqGS:NIHD) common stock between February 25, 2010 and February 27, 2014,
inclusive, or who otherwise acquired NII securities, including debt securities
due in 2021 and paying interest at a rate of 7.625 percent per year issued by
NII’s subsidiary, NII Capital Corp. (“NII Capital”) pursuant to offerings on
or around March 25, 2011 and December 5, 2011.

For more information, click here: http://zlk.9nl.com/nii-holdings-nihd.

The complaint alleges that during the Class Period, defendants made materially
false and misleading statements and/or concealed material information relating
to the Company’s business, financial state, and future prospects.
Specifically, the complaint alleges that NII and NII Capital improperly
concealed the Company’s failing efforts to modernize its telecommunications
network and expand its subscriber base, and failed to disclose material
adverse information in offering documents it filed with the SEC in connection
with the issuance of NII Capital Notes in March and December of 2011.

If you suffered a loss in NII you have until May 5, 2014 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 jlevi@zlk.com or
by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/nii-holdings-nihd.

Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut and Washington D.C. The firm’s 26 attorneys have extensive
expertise in prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and shareholder
lawsuits. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.

Contact:

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Tel: 212-363-7500
Toll Free: 877-363-5972
Fax: 212-363-7171
www.zlk.com
 
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