Lifshitz Law Firm Announces Investigation of Diodes, Inc., Incyte Corporation, and VeriFone Systems, Inc.

NEW YORK, April 9, 2013 /PRNewswire/ --

Diodes, Inc.

Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the Eastern District of Texas on behalf of purchasers of Diodes, Inc. ("Diodes" or the "Company") (DIOD) between February 9, 2011 and June 9, 2011 ("Class Period").  The Complaint alleges defendants misrepresented and/or failed to disclose that the Company's labor problems associated with its backend facility in China were more severe and prolonged than publicly represented, that the Company's gross margins were being impacted by higher than expected wages and labor shortages, and that the Company was experiencing decreasing demand for its products, particularly from its LED TV and notebook customers.  The firm is investigating legal claims against the officers and Board of Directors of Diodes during the Class Period.

For more information, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

Incyte Corporation

Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the District of Delaware, alleging that Incyte Corporation ("Incyte" or the "Company") (INCY) issued false and misleading statements to investors between April 26, 2012 and August 1, 2012 ("Class Period").  On August 2, 2012, Incyte revealed that Jakafi sales growth had been much softer during the second quarter of 2012 than investors had been led to expect.  The firm is investigating legal claims against the officers and Board of Directors of Incyte during the Class Period.

For more information, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

VeriFone Systems, Inc.

Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the Northern District of California, alleging that VeriFone Systems, Inc. ("VeriFone" or the "Company") (PAY) issued false and misleading statements to investors between December 14, 2011 and February 19, 2013 ("Class Period") by failing to adequately disclose (i) the Company did not properly execute its plan to move to a more subscriptions-based service model; (ii) past acquisitions had masked the Company's sharply declining revenue base; (iii) the Company was inappropriately recognizing revenues from distributors in periods where such revenues should have been deferred; and (iv) the Company lacked adequate internal and financial controls.  The firm is investigating legal claims against the officers and Board of Directors of VeriFone during the Class Period.

For more information, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].

Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions.  For more information about the firm, please visit our website at www.jlclasslaw.com.

ATTORNEY ADVERTISING. © 2013 Lifshitz Law Firm.  The law firm responsible for this advertisement is Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (212) 213-6222.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone:   212-213-6222
Email: [email protected]

SOURCE Lifshitz Law Firm