NEW YORK, Dec. 17, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the Southern District of California on behalf of investors who purchased International Business Machines Corporation ("IBM" or the "Company") (Nasdaq:IBM) common stock between June 25, 2013 and October 16, 2013.
For more information, click here: http://zlk.9nl.com/international-business-machines-ibm/.
The complaint alleges that during the Class Period, IBM misrepresented and/or concealed materially adverse facts regarding the Company's association with the U.S. National Security Agency's spy program "Prism." It is alleged that the Company's association with Prism—once revealed—led businesses and the government of China to sever ties with the Company, leading to disappointing third quarter results.
If you suffered a loss in IBM you have until February 10, 2014 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/international-business-machines-ibm/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.comSource:Levi & Korsinsky, LLP