Lawsuit for Investors in Shares of Zebra Technologies Corp. (NASDAQ: ZBRA) Announced by Shareholders Foundation

Press Release - Aug 28, 2017

SAN DIEGO, CA, August 28, 2017 (Newswire.com) - The Shareholders Foundation, Inc. announces that a lawsuit was filed for investors who purchased NASDAQ: ZBRA shares against Zebra Technologies Corp. over alleged Securities Laws Violations in connection with certain allegedly false and misleading statements.

Investors who purchased shares of Zebra Technologies Corp. (NASDAQ: ZBRA) have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 - 1554.

The plaintiff claims that the defendants failed to disclose that Zebra Technologies had understated its income taxes through the end of 2015, underaccrued certain 2015 estimates, in particular with respect to its sales commission plan, and overstated the net realizable value of trade receivables acquired in connection with the Company's acquisition of Motorola's Enterprise division.

The plaintiff further alleges that Zebra Technologies Corp. also failed to disclose the impact of material weaknesses identified in its internal controls and procedures over financial reporting and disclosure, which caused the misstatements and rendered the Company's financial guidance for 2015 and the first and second quarters of 2016 materially false and misleading.

Those who purchased Zebra Technologies Corp. (NASDAQ: ZBRA) shares should contact the Shareholders Foundation, Inc.

The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

CONTACT:

Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108

SOURCE: Shareholders Foundation, Inc.

Source: Shareholders Foundation, Inc.

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