Shareholders Foundation, Inc.

NASDAQ:VUZI Shareholder Notice: Investigation over Possible Securities Laws Violations by Vuzix Corporation

An investigation for investors in Vuzix Corporation (NASDAQ:VUZI) shares over potential securities laws violations by Vuzix Corporation was announced.

 

San Diego, CA -- (SBWIRE) -- 04/02/2018 -- Vuzix Corporation is under investigation over possible securities laws violations in connection with certain financial statements made by Vuzix Corporation.

Investors who purchased shares of Vuzix Corporation (NASDAQ:VUZI), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

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.

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." Shares of Vuzix Corporation (NASDAQ:VUZI) declined on March 21, 2018 to as low as $5.80 per share.

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

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com