SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

April 08, 2015 09:43 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of SanDisk Corporation of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of May 29, 2015 -- SNDK

NEW YORK, NY--(Marketwired - Apr 8, 2015) - The following statement is being issued by Levi & Korsinsky, LLP:

To: All persons or entities who purchased or otherwise acquired securities of SanDisk Corporation (NASDAQ: SNDK) between October 16, 2014 and March 25, 2015

You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of California. If you purchased or otherwise acquired SanDisk Corporation ("SanDisk") securities between October 16, 2014 and March 25, 2015, your rights may be affected by this action. To get more information click here:

HTTP://ZLK.9NL.COM/SANDISK-INFOSHEET

The complaint alleges, among other allegations, that Defendants made materially false and misleading statements regarding quality control within the corporate organizational structure.

On March 26, 2015, the Company issued a press release announcing that it expects its revenue for the fiscal first quarter to be approximately $1.3 billion, rather than the previously forecasted revenue of $1.40 billion to $1.45 billion. Upon this news, shares of SanDisk declined $14.98 per share to close at $66.20 per share.

If you suffered a loss in SanDisk you have until May 29, 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. 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/sandisk-infosheet.

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

  • CONTACT:
    Levi & Korsinsky, LLP
    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