EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Helios and Matheson Analytics Inc.
NEW YORK--(BUSINESS WIRE)--Jul 31, 2018--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Helios and Matheson Analytics Inc. (NASDAQ:HMNY) resulting from allegations that Helios and Matheson may have issued materially misleading business information to the investing public.
On July 27, 2018, Helios and Matheson disclosed that a MoviePass service interruption occurred the day before because the company was unable to make required payments to its merchant and fulfillment processors. On this news, Helios and Matheson’s stock price fell $4.83 or more than 70% to close at $2.00 per share on July 27, 2018.
Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by Helios and Matheson investors. If you purchased shares of Helios and Matheson please visit the firm’s website at http://www.rosenlegal.com/cases-1386.html to join the class action. You may also contact Phillip Kim or Zachary Halper of Rosen Law Firm toll free at 866-767-3653 or via email at email@example.com or firstname.lastname@example.org.
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Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.
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View source version on businesswire.com:https://www.businesswire.com/news/home/20180731005620/en/
CONTACT: Laurence Rosen, Esq.
Phillip Kim, Esq.
Zachary Halper, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 34thFloor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL
SOURCE: Rosen Law Firm
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PUB: 07/31/2018 10:06 AM/DISC: 07/31/2018 10:06 AM