1 MILBERG WEISS BERSHAD
HYN-ES & LERACH LLP
2 WILLIAM S. LERACH 6858 1
DARREN 3. ROBBINS 16859
t 4 )
3 401 B Street Suite 1700
San Diego, (?A 92101
4 Tele hone: 6191231-1058
61&31-7423 (fax)
5 CAULEY, GELLER, BOWMAN
G & COATES, LLP
~c~Am~s. COATES, JR.
7 he Boca Place, Suite 421A
8 2255 Glades Road
Boca Raton, FJ, 33431
9 Telephone: 561/750-3000
561fl50-3364 (fax)
10 .Y, LLP
11 400
12
13
14 Attorneys for Plaintiff
15 UNITED STATES DISTRICT COURT
1G C,ENTRAL DISTRICT OF
17 souT~RN
18
19 OLIN FITZGEAEU, OIJ @ehlf of No.
F;zz,liand All Others Smularly
20 I * CLASS ACTION
21 Plaintiff, COMPLAINT FOR VIOLATION OF
THE FEDERAL SECURITIES LAWS
22 vs.
23 LANTRONIX INC. BERNHARD
BRU~~A, &EDE~ICK G. mL
24 and STEVEN V. COTTON,
25 Defendants a DEMAND T-OR JURY TRIAL
26
27
28
SNIPPETS:
MILBERG WEISS BERSHAD HYN-ES & LERACH LLP
401 B Street Suite 1700 San Diego,
Boca Raton, FJ, 33431
Lantronix designs, develops, and markets r2 d network device servers.
fiber optic, Ethernet, and wireless.
17 .he individual defendants conduct business in and the wrongful conduct took place
25 letworks using standard protocols for connectivity, including fiber optic, Ethernet,
Each of the Individual Defendants and Lantronix is liable for making 4 false and misleading
18:ould post me revenue and earnings per share growth claimed by defendcults.
Device Business revenues for LankAx.
Amlounces Record Results For Asca(l Fourth Quarter And Year End ZOO 1; Fiscal `16 Year 200 1
Announces Management Changes.
L executive vice president and general manager of its Enabling
invented the first co-processor based programmed logic controller,
25 XAP, as set form in Accounting Principles Board Opinion No. 20, the type
26 If restatement announced by Lantronix was to correct.
as it dilutes confidence by investors in the financial statements,
used or to correct an error in previously issued financial statements.
22 about the economic resources of an ex).terprise, the claims to those resources, and
26 about how management of an enterprise has disch,arged its stewardship responsibility
investors and to the public in general (FASB Statement of Concepts No. 1,
Plaintiff incorporates q4[I-30 by reference.
Made untrue statements of material facts or omitted to state 12 material facts necessary in
16 Jleir purchases of Lantronix publicly traded securities during the Class Period.
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