“The company is accused of misleading shareholders by failing to disclose known facts regarding counterfeit versions of its airMax wireless gear being sold by Kozumi USA Corp.”

“The company is accused of misleading shareholders by failing to disclose known facts regarding counterfeit versions of its airMax wireless gear being sold by Kozumi USA Corp.,” securities lawyer Hamilton Lindley said. “As a result, stocks traded at artificially inflated prices. Our proposed shareholder lawsuit will seek to ensure that proper controls are placed to correct any improper behavior, and to improve the company’s value for investors.”

Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Ubiquiti Networks shareholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at hlindley@goldfarbllp.com or 877-583-2855.