{"id":473992,"date":"2021-04-08T20:03:20","date_gmt":"2021-04-09T00:03:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473992"},"modified":"2021-04-08T20:03:20","modified_gmt":"2021-04-09T00:03:20","slug":"ubiquiti-alert-bragar-eagel-squire-p-c-is-investigating-ubiquiti-inc-on-behalf-of-ubiquiti-stockholders-and-encourages-investors-to-contact-the-firm-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ubiquiti-alert-bragar-eagel-squire-p-c-is-investigating-ubiquiti-inc-on-behalf-of-ubiquiti-stockholders-and-encourages-investors-to-contact-the-firm-2\/","title":{"rendered":"UBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors to Contact the Firm"},"content":{"rendered":"

<\/p>\n

UBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors to Contact the Firm<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nBragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ubiquiti, Inc. (NYSE: UI) on behalf of Ubiquiti stockholders. Our investigation concerns whether Ubiquiti has violated the federal securities laws and\/or engaged in other unlawful business practices.\n<\/p>\n

\nClick here<\/a> to participate in the action.\n<\/p>\n

\nOn January 11, 2021, Ubiquiti disclosed that a breach involving a third-party cloud provider had exposed customer account credentials.\n<\/p>\n

\nOn this news, Ubiquiti\u2019s share price fell $13.69 per share, or 5%, over the next two trading days.\n<\/p>\n

\nThen on March 30, 2021, the Krebs on Security<\/i> posted an article entitled \u201cWhistleblower: Ubiquiti Breach \u2018Catastrophic\u2019\u201d stating that \u201c[n]ow 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 Further, the article quoted a letter from the source to the European Data Protection Supervisor stating \u201c[i]t was catastrophically worse than reported, and legal silenced and overruled efforts to decisively protect customers\u201d and \u201c[t]he 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\n<\/p>\n

\nOn this news, Ubiquiti\u2019s share price fell on March 30, 2021, to close at $349.00 per share.\n<\/p>\n

\nIf you purchased or otherwise acquired Ubiquiti shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker, Melissa Fortunato, or Marion Passmore by email at investigations@bespc.com<\/a>, telephone at (212) 355-4648, or by filling out this contact form<\/a>. There is no cost or obligation to you.\n<\/p>\n

About Bragar Eagel & Squire, P.C.:
\n
<\/b>Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, California, and South Carolina. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com<\/a>. Attorney advertising. Prior results do not guarantee similar outcomes.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210408005757\/en\/<\/a><\/span><\/p>\n

\nBragar Eagel & Squire, P.C.
\n
Brandon Walker, Esq.
\n
Melissa Fortunato, Esq.
\n
Marion Passmore, Esq.
\n
(212) 355-4648
\n
investigations@bespc.com
\n<\/a>
www.bespc.com<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/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":"

UBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors to Contact the Firm NEW YORK–(BUSINESS WIRE)– Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ubiquiti, Inc. (NYSE: UI) on behalf of Ubiquiti stockholders. Our investigation concerns whether Ubiquiti has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On January 11, 2021, Ubiquiti disclosed that a breach involving a third-party cloud provider had exposed customer account credentials. On this news, Ubiquiti\u2019s share price fell $13.69 per share, or 5%, over the next two trading days. Then on March 30, 2021, the … <\/p>\n

Continue reading “UBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors 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-473992","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nUBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors 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\/ubiquiti-alert-bragar-eagel-squire-p-c-is-investigating-ubiquiti-inc-on-behalf-of-ubiquiti-stockholders-and-encourages-investors-to-contact-the-firm-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors to Contact the Firm - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"UBIQUITI ALERT: Bragar Eagel & Squire, P.C. is Investigating Ubiquiti, Inc. on Behalf of Ubiquiti Stockholders and Encourages Investors to Contact the Firm NEW YORK–(BUSINESS WIRE)– Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ubiquiti, Inc. (NYSE: UI) on behalf of Ubiquiti stockholders. Our investigation concerns whether Ubiquiti has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On January 11, 2021, Ubiquiti disclosed that a breach involving a third-party cloud provider had exposed customer account credentials. On this news, Ubiquiti\u2019s share price fell $13.69 per share, or 5%, over the next two trading days. 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(NYSE: UI) on behalf of Ubiquiti stockholders. Our investigation concerns whether Ubiquiti has violated the federal securities laws and\/or engaged in other unlawful business practices. Click here to participate in the action. On January 11, 2021, Ubiquiti disclosed that a breach involving a third-party cloud provider had exposed customer account credentials. On this news, Ubiquiti\u2019s share price fell $13.69 per share, or 5%, over the next two trading days. 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