SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

April 20, 2016 13:44 ET

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of PTC Inc. of Class Action Lawsuit and a Lead Plaintiff Deadline of May 6, 2016 -- PTC

NEW YORK, NY--(Marketwired - April 20, 2016) -  The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of PTC Inc. ("PTC") (NASDAQ: PTCbetween November 24, 2011 and July 29, 2015. You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the District of Massachusetts. To get more information go to:

http://www.zlk.com/pslra/ptc-inc

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Throughout the Class Period defendants issued false and misleading statements to investors and/or failed to disclose that: (1) PTC did not disclose to the U.S. Securities and Exchange Commission and the U.S. Department of Justice the full results of its investigation into whether PTC China improperly provided recreational travel to Chinese government officials in violation of The Foreign Corrupt Practices Act ("FCPA"); (2) PTC was not cooperating with the SEC and the DOJ in connection with their investigations into whether PTC China improperly provided recreational travel to Chinese government officials in violation of FCPA; (3) PTC's books and records were inaccurate and PTC failed to maintain adequate internal accounting controls; and (4) as a result, PTC's public statements were materially false and misleading at all relevant times.

If you suffered a loss in PTC you have until May 6, 2016 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT: 
    Levi & Korsinsky, LLP
    Joseph E. Levi, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004 
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com