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Vuzix Corporation (NASDAQ:VUZI) Investor Investigation Over Possible Violations Of Securities Laws Announced

  • Investors who purchased shares of Vuzix Corporation (NASDAQ:VUZI), have certain options and should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this investigation, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Investigation Overview

Company
Vuzix Corporation
Security
NASDAQ: VUZI

Summary

An investigation on behalf of investors of Vuzix Corporation (NASDAQ:VUZI) shares over potential securities laws violations by Vuzix Corp. and certain of its directors and officers in connection with certain financial statements was announced.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Vuzix Corporation (NASDAQ:VUZI) concerning whether a series of statements by Vuzix Corporation (NASDAQ:VUZI regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

West Henrietta, NY based Vuzix Corporation designs, manufactures, markets, and sells wearable display devices in the United States and internationally.

On March 16, 2018, a report was issued stating Vuzix recently used an undisclosed stock promotion involving dozens of mainstream media outlets to artificially inflate the share price and volume, and then raise $30 million.

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