SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

July 30, 2015 14:14 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of IDI, Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of September 21, 2015 -- IDI

NEW YORK, NY--(Marketwired - Jul 30, 2015) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of IDI, Inc. ("IDI") (NYSE MKT: IDI) between April 30, 2015 through July 21, 2015

You are hereby notified that a securities class action lawsuit has been commenced in the USDC for the Southern District of Florida. If you purchased or otherwise acquired IDI between April 30, 2015 through July 21, 2015, your rights may be affected by this action. To get more information go to: 

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

The complaint alleges that throughout the Class Period defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Chairman Michael Brauser was named as a defendant in multiple civil fraud litigation; (2) Brauser was co-owner of a company that filed for bankruptcy and was sued as an adversary in that bankruptcy proceeding; and (3) IDI's Transunion lawsuit could render its stock worthless.

If you suffered a loss in IDI you have until September 21, 2015 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, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

    Levi & Korsinsky, LLP
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171