Class Action and Rubicon Technology

federal securities laws: The lawsuit seeks to recover damages for Rubicon Technology investors under the federal securities laws, according to Market Watch. To join the Rubicon Technology class action, go to the firm website at or call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or kchan@rosenlegal.com for information on the class action. RBCN, -0.72% common stock in the Company public offering on or about March 19, 2014 and on the open market thereafter of the important June 29, 2015 lead plaintiff deadline in the class action. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. The lawsuit alleges that the Registration Statement issued in connection with the Offering contained false and/or misleading statements and/or failed to disclose material trends, events and uncertainties known to management, which were reasonably expected to materially impact Rubicon Technology income from continuing operations, including: the reversal of its trend of shrinking losses; higher-than-expected development costs; and inventory write-offs due to Rubicon Technology inability to sell certain of its wafers during the first quarter of 2014 at prices above their manufacturing cost, which led to an impairment under applicable accounting rules and regulations. A class action lawsuit has already been filed. When the true details entered the market, the lawsuit claims that investors suffered damages. (news.financializer.com). As reported in the news.