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The Law Offices of Howard G. Smith Reminds Investors of August 10th Deadline in the Class Action Lawsuit Against Switch, Inc. (SWCH)


Law Offices of Howard G. Smith reminds investors of the August
10, 2018
deadline to file a lead plaintiff motion in the class
action filed on behalf of investors that purchased Switch, Inc.
("Switch" or the "Company") (NYSE: SWCH)
Class A common stock pursuant to and/or traceable to Switch's Initial
Public Offering ("IPO") commenced on or around October 6, 2017. Switch
investors have until August 10, 2018 to file a lead
plaintiff motion.

Investors suffering losses on their Switch investments are encouraged to
contact the Law Offices of Howard G. Smith to discuss their legal rights
in this class action at 888-638-4847 or by email to

The complaint filed in this class action alleges that Defendants made
false and/or misleading statements and/or failed to disclose that: (1)
Switch's Grand Rapids and Atlanta facilities would never be as
profitable as its Las Vegas facility, diminishing the yield on Switch's
recent capital expenditures acquiring and building out those facilities
will bear; (2) Switch's high capital expenditures to create high
redundancy levels at its facilities were not as profitable as they once
had been in the past; (3) Switch had already spent an additional more
than $64 million on unbudgeted capital expenditures during the third
quarter of 2017 that was not disclosed to investors until after the IPO;
(4) Switch recognized $9.4 million in revenues during FY17 that it would
not provide colocation services for until FY18, meaning its reported
FY17 revenue growth and its FY18 revenue prospects were both overstated;
(5) eBay, Switch's largest colocation customer, would not be taking
possession of colocation space it had reserved at Switch's Tahoe/Reno
facility in early 2018; and (6) as a result of the foregoing, at the
time of the IPO, Switch's business and financial prospects were not what
defendants had led the market to believe they were in the Registration

If you purchased shares of Switch in connection with the IPO you may
move the Court no later than August 10, 2018 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 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,
or visit our website at

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

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