SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of VASCO Data Security International, Inc. of Pendency of Class Action Lawsuit and a Lead Plaintiff Deadline of September 28, 2015 -- VDSI

(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 08/07/15 -- The following statement is being issued by Levi & Korsinsky, LLP:
or otherwise acquired securities of ("VASCO") (NASDAQ: VDSI) .
that a securities class action lawsuit has been commenced in the USDC for the Northern District of Illinois Eastern Division. If you purchased or otherwise acquired VASCO securities between February 18, 2014 and July 21, 2015, inclusive, your rights may be affected by this action. To get more information :
or contact Joseph E. Levi, Esq. either via email at or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) VASCO's products were illegally sold to parties in Iran in violation of federal laws prohibiting such sales; (2) the Company lacked adequate internal controls; and (3) as a result of the foregoing, VASCO's public statements were materially false and misleading at all relevant times.
On July 21, 2015, after the market closed for trading, VASCO filed a Form 8-K with the SEC announcing "that certain of its products which were sold by a VASCO European subsidiary to a third-party distributor may have been resold by the distributor to parties in Iran, potentially including parties" subject to U.S. economic sanctions.
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:
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
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Bereitgestellt von Benutzer: Marketwired
Datum: 07.08.2015 - 18:41 Uhr
Sprache: Deutsch
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