The Law Offices of Todd M. Garber announces that a class action lawsuit
has been filed in the United States District Court for the Eastern
District of Pennsylvania on behalf of a class (the "Class") comprising
all purchasers of the securities of UniTek Global Services, Inc.
("UniTek" or the "Company") (NASDAQ:UNTK) between May 18, 2011 and April
12, 2013, inclusive (the "Class Period").
UniTek provides outsourced infrastructure and technical services to the
wireless and wireline telecommunications, satellite television and
broadband cable industries in the United States and Canada. The
Complaint alleges that the defendants misrepresented and/or failed to
disclose material information including: (1) that the Company's
financial statements did not provide a fair presentation of the
Company's finances and operations; (2) that the Company's subsidiary,
Pinnacle Wireless, engaged in fraudulent activities that resulted in
improper revenue recognition; (3) that the Company's internal accounting
controls were deficient and permitted improper revenue recognition; and
(4) as a result, that UniTek's financial statements were materially
false and misleading at all relevant times.
If you are a member of the above-described Class, you may move the Court
no later than June 18, 2013 to serve as lead plaintiff; however, you
must meet certain legal requirements. To be a member of the Class you
need not take any action at this time, or you may retain counsel of your
choice. If you have information or would like to learn more about these
claims, or if you have any questions concerning this announcement or
your rights or interests with respect to these matters, please contact
Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber, by
telephone at 213-700-7262 or by email to info@toddgarberlaw.com.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
Law Offices of Todd M. Garber
Todd M. Garber, Attorney at Law
213-700-7262
info@toddgarberlaw.com