|By PR Newswire||
|March 24, 2014 07:43 PM EDT||
DALLAS, March 24, 2014 /PRNewswire/ -- Securities lawyers at Deans & Lyons announce an investigation of the board of UTi Worldwide Inc. (NasdaqGS: UTIW). Concerned UTIW investors who purchased between December 5, 2013 and February 25, 2014 are encouraged to contact securities attorney Hamilton Lindley by clicking here.
"After UTi Worldwide disclosed its true financial situation shares fell almost 30% on February 26, 2014," said securities lawyer Hamilton Lindley. "Prior to that announcement, the complaint alleges that undisclosed issues led to the dilutive offering of convertible notes that provided the company with over $500 million dollars of emergency financing. Our potential shareholder lawsuit will seek to ensure that all relevant information is disclosed to UTi Worldwide Inc. shareholders."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. UTIW stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-819-8033 with questions or concerns.
SOURCE Deans & Lyons LLP