Market Overview

Glancy Prongay & Murray LLP Files a Securities Class Action on Behalf of Vuzix Corporation Investors (VUZI)


Prongay & Murray LLP
("GPM") announces that it has filed a class
action lawsuit in the United States District Court for the Southern
District of New York on behalf of persons and entities that a) acquired
Vuzix Corporation (NASDAQ: VUZI)
("Vuzix" or the "Company") securities pursuant and/or traceable to the
Company's false and/or misleading registration statement and prospectus
(collectively, the "Registration Statement") issued in connection with
the Company's January 2018 secondary public offering ("SPO" or the
"Offering"); and/or, b) acquired Vuzix securities between November 9,
2017, and March 20, 2018
, inclusive (the "Class Period"). Plaintiff
pursues claims against the Defendants, under the Securities Act of 1933
(the "Securities Act") and the Securities Exchange Act of 1934 (the
"Exchange Act").

Investors are hereby notified that they have 60 days from the
date of this notice
to move the Court to serve as lead plaintiff in
this action.

Investors suffering losses on their Vuzix investments are encouraged to
contact Lesley Portnoy of GPM to discuss their legal rights at
310-201-9150 or by email to,
or visit the Vuzix case page on our website at

The complaint filed in this class action alleges that throughout the
Class Period, Defendants made materially false and/or misleading
statements, as well as failed to disclose material adverse facts about
the Company's business, operations, and prospects. Specifically,
Defendants failed to disclose: (1) that Vuzix used unlawful stock
promotion tactics to boost the Company's stock price; (2) that Vuzix
used misleading stock promotion tactics to raise nearly $30 million at
an all-time high share price; and (3) that, as a result of the
foregoing, Defendants' statements in the Registration Statement
regarding Vuzix's business, operations, and prospects, were materially
false and/or misleading.

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If you purchased securities in the SPO or during the Class Period, you
may move the Court no later than 60 days from the date of this
to ask the Court to appoint you as lead plaintiff. 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 wish to learn more about this action, or if
you have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Lesley Portnoy,
Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles,
California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to,
or visit our website at
If you inquire by email please include your mailing address, telephone
number and number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

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