NEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Levi & Korsinsky announces it has commenced an investigation of Veeco Instruments Inc. (“Veeco Instruments” or “the Company”) (NASDAQGS: VECO) concerning possible violations of federal securities laws.
The investigation concerns whether certain materials issued pursuant to the Company’s merger with Ultratech, Inc. were materially false and/or misleading. In particular, the investigation concerns whether the Registration Statement and Prospectus issued concerning the merger failed to disclose, among other issues, Veeco’s known delays in orders, pricing pressure, reduced margins, and a dispute with its largest competitor in China. Following the completion of the merger, Veeco’s stock fell from $32.00 per share on May 26, 2017, to a close of $11.90 on December 8, 2017. To obtain additional information, go to:
https://www.zlk.com/pslra-1/veeco-instruments-inc-loss-form
or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
