Microsoft conceals Surface RT poor performance by class action

Reading] Surface RT Product Market demand is poor, and sales are not satisfactory, but Microsoft has never released public information. Surface RT Poor Performance Microsoft was a group action (Tencent Technology map) Tencent Technology (Yue Tong) Beijing time August 13 News, the United States law firm Robbins Geller Rudman & Dowd Limited Liability (hereinafter referred to as "Robbins Geller") announced today that a class action lawsuit was launched against Microsoft in the Massachusetts District Court for the period from April 18, 2013 to July 18 (group action). The cause of the class action is that Microsoft has concealed many truths from investors, such as surface RT's poor performance. "If you want to be the chief plaintiff in this class action, you must notify the court within 60 days of August 12, 2013," Robbins Geller warned investors. If you wish to participate in the discussion of the proceedings or in question of the notice and your interests, please contact the plaintiff's legal advisor--robbins Geller Sammer Rudman (Samuel H. Rudman) or David Rosenfield (David A. Rosenfeld) to contact, the telephone number is 800/449-4900 or 619/231-1058, can also be contacted by e-mail, e-mail address for djr@rgrdlaw.com. If you are a member of this class action, you can also check the copy of the statement submitted by the plaintiff, or join the class action through the network, our website is http://www.rgrdlaw.com/cases/microsoft/. The plaintiff members of this class action can apply to the court as the chief plaintiff through the Legal counsel of their choice, or they can choose to act as the plaintiff in the class action. "Robbins Geller's class-action lawsuit, mainly accusing Microsoft and some Microsoft officials of violating the US Securities and Exchange Act 1934. The allegations suggest that during the class-action period, Microsoft has posted serious misinformation and misleading statements about its financial performance and its Surface RT tablet computer. In particular, Microsoft failed to release public information on the following adverse facts: (1) Microsoft's Surface RT Product market demand is poor, and sales are not satisfactory; (2) Microsoft's surface RT inventory value dropped sharply at the end of March 2013 (3) Microsoft's financial report for the quarter ended March 31, 2013 was a serious mistake and misled investors, as well as a violation of U.S. GAAP and Microsoft's own public disclosure system; (4) Microsoft's third-quarter 2013 form 10-q report failed to disclose the currentLists the business trends associated with surface RT tablet computers, activities and uncertainties, which are likely to have a real impact on Microsoft's future operating results; (5) According to the above situation, in general, Microsoft failed to release a reasonably positive report on surface RT-related business during the group action period. In addition, on July 18, 2013, Microsoft issued a statement announcing the financial statements for the fiscal year 2013 and the fiscal year ended June 30, 2013. In the fourth quarter, Microsoft's revenue amounted to $19.9 billion trillion, with a net profit of $4.97 billion, and a diluted profit of $0.59 per share. In fact, Microsoft's performance in this quarter was affected by surface RT's 900 million dollar impairment. Affected by the news, Microsoft released its fourth-quarter earnings the next day, the shares of common stock suffered the biggest decline in nearly 4 years, the share price fell 4.04 U.S. dollars, closed to 31.40 U.S. dollars, a fall of as much as 11.4%. To this end, Robbins Geller to represent the owners of all common shares of Microsoft in the collective action period to initiate a class action lawsuit to claim Microsoft for damages. Robbins Geller has extensive experience in collective action, especially in the field of financial fraud-related collective action. Robbins Geller can initiate class action on behalf of U.S. domestic and international investors. The firm has 9 offices and more than 200 lawyers.