INVESTOR ALERT: Faruqi & Faruqi, LLP Encourages Investors Who Suffered Losses In Excess Of $100,000 Investing In Resonant, Inc. (RESN) To Contact The Firm

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Mar 13, 2015, 05:12 ET

NEW YORK, March 13, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Resonant, Inc. ("Resonant" or the "Company") (NASDAQ: RESN).

The investigation focuses on whether the Company and its executives violated federal securities laws by making materially false and misleading statements regarding the Company's business, operations, and prospects.

On February 26, 2015, Resonant announced that it has "delivered a completed duplexer design for consideration to our first customer" but the delivered design "does not meet all the specifications in the development agreement" with that customer. Thus, the customer may not use Resonant's design in the future.

Following this news, Resonant shares declined by $5.07 per share, or more than 32%, to close on February 27, 2015 at $10.40 per share.

Request more information now by clicking here: www.faruqilaw.com/RESN. There is no cost or obligation to you.

Take Action

If you invested in Resonant stock or options through February 26, 2015 and would like to discuss your legal rights, visit www.faruqilaw.com/RESN. You can also contact us by calling Richard Gonnello toll free at 877-247-4292 or at 212-983-9330 or by sending an e-mail to [email protected]. Faruqi & Faruqi, LLP also encourages anyone with information regarding Resonant's conduct to contact the firm, including whistleblowers, former employees, shareholders and others.

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FARUQI & FARUQI, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Richard Gonnello, Esq.
[email protected]
Telephone: (877) 247-4292 or (212) 983-9330

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