OCZ Technology, over three weeks delay publication of the quarterly report. During this time, the company's shares have fallen in price from $ 4.46 to $ 1.24.
Unexpectedly sharp drop in quarterly revenue has led the company and its management to be sued in class action. It is already filed by Boston - Bernstein Liebhard LLP. Unfortunately for OCZ, this claim is not limited. Vultures sensed easy prey. Yesterday it was reported that similar claims are preparing two more companies: New York-based Lieff Cabraser Heimann & Bernstein, LLP and The Rosen Law Firm, PA in San Francisco.
A number of executives of OCZ Technology company has received a notice of the reduction. It is easy to guess that this is the people involved in the creation of discount programs to promote solid state drives.