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UNITEK GLOBAL SERVICES INC.

(UNTKQ)
Delayed Nasdaq  - 
- USD   -.--%
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UniTek Global Services Inc. : Law Offices of Todd M. Garber Announces Class Action Lawsuit Against UniTek Global Services, Inc.

05/20/2013 | 09:35am EDT

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


ę Business Wire 2013
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Managers and Directors
Charlie L. Smith President & Chief Executive Officer
Keith A. Maib Chief Financial Officer
Austin J. Shanfelter Executive Chairman
Derek Hutchins Chief Operating Officer
Harris D. Kealey Director
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