|Company name||Revolution Lighting Technologies, Inc.|
|Class period||March 14, 2014 – November 14, 2018|
|Court||Southern District of New York
NEW YORK, February 1, 2019 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) securities between March 14, 2014 and November 14, 2018 (the “Class Period”). Investors have until April 1, 2019 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
The complaint alleges that throughout the class period defendants made false and/or misleading statements, as well as failed to disclose material adverse facts about the company’s business, operations, and prospects. Specifically, the complaint alleges that defendants made false and/or misleading statements and/or failed to disclose: (1) that the company was improperly recognizing revenue for certain transactions; (2) that, as a result, the company’s financial statements were misstated; (3) that the company lacked adequate internal controls over financial reporting; (4) that, as a result, company would be subject to regulatory scrutiny and incur substantial costs; and (5) that, as a result of the foregoing, defendants positive statements about the company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
If you purchased Revolution Lighting securities during the Class Period or continue to hold shares purchased before the Class Period, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at firstname.lastname@example.org, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
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