Statman, Harris & Eyrich, LLC Announces Investigation of Veeco Instruments, Inc.
Cincinnati, Ohio (PRWEB) December 11, 2012
The law firm of Statman, Harris & Eyrich, LLC is investigating possible claims against Veeco Instruments, Inc. (the “Company”) concerning potential violations of federal securities laws. Shareholders are encouraged to contact the firm to discuss their legal rights.
On November 15, 2012, in a Form 12b-25 SEC filing (the “Filing”) (http://www.veeco.com), the Company disclosed it needed additional time to file its Form 10-Q for the period ending September 30, 2012, because it “is in the process of evaluating the timing of recognition of revenue on the sale of certain Metal Organic Chemical Vapor Deposition (MOCVD) systems and related upgrades to these systems.” The Company further stated in the Filing that there could be a shift in revenue between accounting periods which constitute material changes to results of operation and financial condition for various periods. On the news, shares of the Company stock closed at $26.89 on November 15, 2012, down $2.19 from the prior day’s closing price, as reported on http://www.nasdaq.com.
Individuals who wish to discuss this investigation, have information which would assist in the investigation or have any questions concerning their rights or interests with respect to these matters, are encouraged to contact Brian Giles, Esq. at (513) 345-8181 or at classaction(at)statmanharris(dot)com for further information without any obligation or cost.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; Detroit, Michigan and Sarasota, Florida. http://www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.