NEW YORK, May 5, 2015 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:
To: All persons or entities who purchased or otherwise acquired securities of Rubicon Technology, Inc. RBCN pursuant or traceable to the Company's Initial Public Offering on or about March 19, 2014.
You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of Illinois. If you purchased or otherwise acquired Rubicon Technology, Inc. ("Rubicon") securities pursuant or traceable to the Company's Initial Public Offering, your rights may be affected by this action. To get more information go to:
HTTP://ZLK.9NL.COM/RUBICON-TECHNOLOGY
or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.
The complaint alleges that the Registration Statement issued in relation to the IPO failed to disclose material trends, events, and uncertainties known to management and which were reasonably expected to have a material impact on the Company's income from continuing operations.
If you suffered a loss in Rubicon you have until June 29, 2015 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.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have 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.
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