Market Overview

Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of Mercury Systems, Inc. Investors


National securities litigation law firm Glancy
Prongay & Murray LLP
("GPM") announces that a class action
lawsuit has been filed on behalf of investors that purchased Mercury
Systems, Inc. ("Mercury" or the "Company") (NASDAQ: MRCY)
between October 24, 2017 and April 24, 2018, inclusive (the
"Class Period"). Mercury investors have until September 10, 2018 to
file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here
to participate.

Investors that suffered losses on their Mercury investments are
encouraged to contact Lesley Portnoy of GPM to discuss their legal
rights in this class action at 310-201-9150 or by email to

On April 24, 2018, Mercury announced its financial and operating results
for the quarter ending March 31, 2018. In a conference call discussing
Mercury's quarterly results, the Company's Chief Financial Officer
stated that Mercury had been aware for the "last couple quarters" of
certain customer trends in managing cash in their accounts payable, and
of Mercury's need to reduce accounts payable related to its inventory
build, both of which directly impacted Mercury's cash flow for the
quarter ended March 31, 2018. On this news, Mercury's share price fell
$8.02, or 18.68%, to close at $34.91 on April 25, 2018, thereby injuring

The complaint filed in this class action alleges that, throughout the
Class Period Defendants made false and/or misleading statements and/or
failed to disclose that: (1) Mercury's decision to in-source processing
was adversely impacting Mercury's operating margins and free cash-flow
generation and conversion; (2) Mercury's model was becoming structurally
more working capital intensive; and (3) as a result of the foregoing,
Mercury's public statements were materially false and misleading at all
relevant times.

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If you purchased shares of Mercury during the Class Period you may move
the Court no later than September 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 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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