Thieler Law Corp, member of the Investor Attorney Network, is investigating whether certain officers and directors of ZAGG Inc (NASDAQ: ZAGG) violated securities laws in connection with certain financial statements.
The investigation seeks to discover if possible claims on behalf of purchasers of the securities of ZAGG Inc (NASDAQ: ZAGG) concerning whether a series of statements by ZAGG Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
On November 1, 2016, ZAGG revealed its third quarter 2016 financial results during aftermarket hours; the Company reported a non-cash net mophie impairment charge of $24.3 million “related to disputes in acquisition-date value of working capital.”
Following this news, NASDAQ: ZAGG fell $0.90 per share or over 13.2% from its previous closing price to close at $5.90 per share on November 2, 2016.
Based in Midvale, Utah, ZAGG Inc designs, manufactures, and distributes product solutions for mobile devices.
If you purchased shares of ZAGG Inc (NASDAQ: ZAGG) on or before November 1, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
Thieler Law Corp
2534 State Street - Suite 406,
San Diego, CA 92101
by
email: mail@thielerlaw.com
or
telephone at +1 (619) 377 - 4324
or
visit our website http://www.thielerlaw.com/
or
Facsimile: +1 (619) 785 – 3185