INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Ubiquiti Inc. (UI) on Behalf of Investors
Ubiquiti Inc. (UI)
Last ubiquiti inc. earnings: 11/8 08:00 am
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Source: Business Wire
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Ubiquiti Inc. (“Ubiquiti” or the “Company”) (NYSE: UI) investors concerning the Company’s possible violations of federal securities laws.On January 11, 2021, Ubiquiti disclosed that a breach involving a third-party cloud provider had exposed customer account credentials.On this news, Ubiquiti’s share price fell $13.69 per share, or 5%, over the next two trading days, damaging investors.Then on March 30, 2021, the Krebs on Security posted an article entitled “Whistleblower: Ubiquiti Breach ‘Catastrophic’” stating that “[n]ow a source who participated in the response to that breach alleges Ubiquiti massively downplayed a ‘catastrophic’ incident to minimize the hit to its stock price, and that the third-party cloud provider claim was a fabrication.” Further, the article quoted a letter from the source to the European Data Protection Supervisor stating “[i]t was catastrophically wors
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UI
News
- Ubiquiti Inc. (NYSE: UI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Ubiquiti Inc.: New Products And High Level Performance Expected Into 2025 [Seeking Alpha]Seeking Alpha
- Ubiquiti Inc. (NYSE: UI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Ubiquiti Inc. (NYSE: UI) had its "buy" rating re-affirmed by analysts at BWS Financial. They now have a $160.00 price target on the stock.MarketBeat
- Ubiquiti Inc. (NYSE: UI) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
UI
Earnings
- 2/9/24 - Miss
UI
Sec Filings
- 2/15/24 - Form SC
- 2/9/24 - Form 8-K
- 2/9/24 - Form 10-Q
- UI's page on the SEC website