|By PR Newswire||
|April 21, 2014 11:29 AM EDT||
NEW YORK, April 21, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities law firm, announces that a class action lawsuit on behalf of purchasers of GrowLife, Inc. (PHOT) securities between November 14, 2013 and April 9, 2014, inclusive (the "Class Period") has been file in the U.S. District Court for the Central District of California.
If you have suffered a net loss from your investment in PHOT securities purchased on or after November 14, 2013, and held through the revelation of negative information on April 9, 2014, as described below, you may obtain additional information about this investigation at no cost to you, by contacting Tripp Levy PLLC at www.tripplevy.com, by email at [email protected], or by calling us toll free at 1-877-772-3975.
The lawsuit concerns defendants' potential violations of the Securities Exchange Act of 1934 by virtue of the defendants' issuing materially false and misleading statements about its true financial condition. On April 10, 2014, the U.S. Securities and Exchange Commission (the "SEC") temporarily suspended trading of GrowLife securities. In suspending the trading of GrowLife securities, the SEC stated that "[t]he Commission temporarily suspended trading in the securities of PHOT because of questions that have been raised about the accuracy and adequacy of information in the marketplace and potentially manipulative transactions in PHOT's common stock."
If you are a shareholder of PHOT during the Class Period and would like additional information regarding this matter, at no cost or expense, please contact us at:
Tripp Levy PLLC is a leading national securities law firm that has extensive experience in securities litigation and, along with its affiliates, has recovered billions of dollars on behalf of shareholders around the globe. Tripp Levy PLLC has become affiliated with Milberg LLP. Attorney advertising. Prior results do not indicate a similar outcome.
SOURCE Tripp Levy PLLC