Block & Leviton LLP Investigates Ubiquiti Networks Inc. (UBNT) Following Report Alleging Corporate Fraud And Encourages Shareholders To Contact The Firm

BOSTON, Sept. 18, 2017 /PRNewswire/ -- Block & Leviton LLP (www.blockesq.com), a securities litigation firm representing investors nationwide, is investigating whether Ubiquiti Networks Inc. ("Ubiquiti" or the "Company") (NASDAQ: UBNT) and certain of its officers and directors violated federal securities laws following claims that the Company is engaged in, among other things, fraudulent accounting practices.

On September 18, 2017, Citron Research issued a report entitled "Cintron Exposes Ubiquiti Networks," wherein Citron details a series of "alarming red flags," including, among other things, accounting discrepancies, that Citron alleges indicates "corporate fraud."

On this news, the Company's stock has plunged nearly 10%, causing tens of millions in losses to investors.

If you purchased or otherwise acquired Ubiquiti securities and have questions about your legal rights or possess information relevant to this investigation, you are encouraged to contact attorney Bradley Vettraino at (617) 398-5600, by email at [email protected], or by visiting www.blockesq.com/ubnt.

Confidentiality to whistleblowers or others with information relevant to this investigation is assured.

Block & Leviton LLP is a Boston-based law firm representing investors nationwide. The firm's lawyers have collectively been prosecuting securities cases on behalf of individual and institutional investors for over 50 years, and have recovered billions of dollars on their behalf. Block & Leviton's investigations into corporate wrongdoing were recently covered by the New York Times.

This notice may constitute attorney advertising.

CONTACT:

Block & Leviton LLP
Bradley J. Vettraino
155 Federal Street, Suite 400
Boston, MA 02110
(617) 398-5600
[email protected]

SOURCE Block & Leviton LLP

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