BENSALEM, Pa., Nov. 22, 2013 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith announces that investors of BlackBerry Limited ("BlackBerry" or the "Company") (Nasdaq:BBRY) have until December 3, 2013, to move the Court to serve as lead plaintiff in the securities fraud class action lawsuit 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 BlackBerry common stock 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 have certain rights and have until December 3, 2013, to move for lead plaintiff status. To be a member of the class you need not take any action at this time or may retain counsel of your choice. If you purchased shares prior to the Class Period and wish to learn more concerning 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 firstname.lastname@example.org, or visit our website at http://www.howardsmithlaw.com.