BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of a class (the “Class”) comprising all purchasers of the common stock of BlackBerry Limited ("BlackBerry” or the “Company”) (NASDAQ:BBRY) between September 27, 2012 and September 20, 2013, inclusive (the “Class Period”).
BlackBerry Limited engages in the design, manufacture and marketing of wireless platforms and solutions for access to email, voice, instant messaging, short message service, Internet and Intranet-based applications, and browsing through the development of integrated hardware, software, and service. The Complaint alleges that defendants issued materially false and misleading statements concerning BlackBerry’s business and operations. Specifically, the Company failed to inform investors that – contrary to its statements touting the Company's financial strength and new BlackBerry 10 smart phones – the Company was not on the road to recovery and re-emerging as a lead player in the wireless communications industry.
If you are a member of the Class described above you may move the Court no later than December 3, 2013 to serve as lead plaintiff; however, you must meet certain legal requirements. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased BlackBerry Limited shares prior to the Class Period and have any questions concerning this Notice or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.
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