Faruqi & Faruqi, LLP Encourages Investors Who Suffered Substantial Losses Investing In Mellanox Technologies, Ltd. To Contact The Firm
Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential securities fraud at Mellanox Technologies, Ltd. (“Mellanox” or the “Company”) (NASDAQ: MLNX).
The investigation focuses on whether the Company and its executives violated federal securities laws by failing to disclose that: (1) Mellanox was receiving numerous customer complaints about its InfiniBand product; (2) the Company was aware that a rival’s InfiniBand adaptor would diminish Mellanox’s market share; (3) Mellanox’s first and second quarter 2012 sales growth would not be sustainable; and (4) Mellanox’s inventory was increasing so much that sales and profit margins would diminish.
Richard W. Gonnello
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.