{"id":469861,"date":"2021-04-01T10:10:18","date_gmt":"2021-04-01T14:10:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=469861"},"modified":"2021-04-01T10:10:18","modified_gmt":"2021-04-01T14:10:18","slug":"investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/","title":{"rendered":"INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm"},"content":{"rendered":"

<\/p>\n

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm<\/b><\/p>\n

LOS ANGELES–(BUSINESS WIRE<\/a>)–The Schall Law Firm<\/a>, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ubiquiti Inc. (\u201cUbiquiti\u201d or \u201cthe Company\u201d) (NYSE: UI<\/a>) for violations of the securities laws.\n<\/p>\n

\nThe investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Ubiquiti is the subject of an article posted by Krebs on Security <\/i>on March 30, 2021. The article, titled \u201cWhistleblower: Ubiquiti Breach \u2018Catastrophic,\u2019\u201d alleges that \u201cnow a source who participated in the response to that breach alleges Ubiquiti massively downplayed a \u2018catastrophic\u2019 incident to minimize the hit to its stock price, and that the third-party cloud provider claim was a fabrication.\u201d The article quotes a letter from the source to the European Data Protection Supervisor stating: \u201cit was catastrophically worse than reported, and legal silenced and overruled efforts to decisively protect customers\u201d and \u201cthe breach was massive, customer data was at risk, access to customers\u2019 devices deployed in corporations and homes around the world was at risk.\u201d Based on this news, shares of Ubiquiti fell by more than 7% on the same day.\n<\/p>\n

\nIf you are a shareholder who suffered a loss, click here to participate<\/a>.\n<\/p>\n

\nWe also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com<\/a>, or by email at brian@schallfirm.com<\/a>.\n<\/p>\n

\nThe Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.\n<\/p>\n

\nThis press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210401005567\/en\/<\/a><\/span><\/p>\n

\nThe Schall Law Firm
\n
Brian Schall, Esq.
\n
310-301-3335
\n
info@schallfirm.com
\n<\/a>
www.schallfirm.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America California<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ubiquiti Inc. (\u201cUbiquiti\u201d or \u201cthe Company\u201d) (NYSE: UI) for violations of the securities laws. The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Ubiquiti is the subject of an article posted by Krebs on Security on March 30, 2021. The article, titled \u201cWhistleblower: Ubiquiti Breach \u2018Catastrophic,\u2019\u201d alleges that \u201cnow a source who participated in the response to that breach alleges Ubiquiti … <\/p>\n

Continue reading “INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-469861","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nINVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm LOS ANGELES–(BUSINESS WIRE)–The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Ubiquiti Inc. 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(\u201cUbiquiti\u201d or \u201cthe Company\u201d) (NYSE: UI) for violations of the securities laws. The investigation focuses on whether the Company issued false and\/or misleading statements and\/or failed to disclose information pertinent to investors. Ubiquiti is the subject of an article posted by Krebs on Security on March 30, 2021. The article, titled \u201cWhistleblower: Ubiquiti Breach \u2018Catastrophic,\u2019\u201d alleges that \u201cnow a source who participated in the response to that breach alleges Ubiquiti … Continue reading \"INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-01T14:10:18+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210401005567r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm","datePublished":"2021-04-01T14:10:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/"},"wordCount":382,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20210401005567r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/investigation-reminder-the-schall-law-firm-announces-it-is-investigating-claims-against-ubiquiti-inc-and-encourages-investors-with-losses-of-100000-to-contact-the-firm\/","name":"INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Ubiquiti Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm - 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