SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

July 10, 2014 13:59 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Investors of Class Action Against Higher One Holdings, Inc. and Its Board of Directors and a Lead Plaintiff Deadline of July 28, 2014 -- ONE

NEW YORK, NY--(Marketwired - Jul 10, 2014) -  Levi & Korsinsky announces that a class action lawsuit has been commenced in the United States District Court for the District of Connecticut on behalf of investors who purchased Higher One Holdings, Inc. ("Higher One" or the "Company") (NYSE: ONE) common stock between August 7, 2012 and May 12, 2014.

For more information, click here: http://zlk.9nl.com/higher-one-holdings-one.

The complaint alleges that defendants issued materially false and/or misleading statements and/or failed to disclose material information including that: (a) the Company's marketing and disclosure practices were in violation of the Federal Trade Commission Act; (b) the Company's allegedly improper marketing and disclosure practices would subject Higher One to potential restitution demands and civil penalties; and (c) the amounts of potential restitution demands and civil penalties could reach levels that could result in default under the Company's Credit Facility.

If you suffered a loss in Higher One you have until July 28, 2014 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. To obtain additional information, contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/higher-one-holdings-one

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com