NCIT NCI, Inc.

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against NCI, Inc.

Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of NCI, Inc. (NASDAQ: NCIT) resulting from allegations that NCI may have issued materially misleading business information to the investing public.

On January 23, 2017, NCI announced that it has discovered that its controller embezzled approximately $18 million over the last six years, and $5 million in 2016 alone. NCI also stated that the unaudited interim financial statements for the nine-month period ending September 30, 2016, contained material errors related to the theft, and thus “the unaudited financial statements contained in the Company’s Quarterly Reports on Form 10-Q for the first three quarters of 2016 should not be relied upon by investors.” On this news, shares of NCI fell sharply during intraday trading on January 23, 2017.

Rosen Law Firm is preparing a class action lawsuit to recover losses suffered by NCI investors. If you purchased shares of NCI before January 23, 2017 please visit the firm’s website at http://www.rosenlegal.com/cases-1033.html for more information. You may also contact Phillip Kim or Kevin Chan of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected] or [email protected].

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

EN
23/01/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on NCI, Inc.

 PRESS RELEASE

Affiliates of H.I.G. Capital Successfully Complete Acquisition of NCI,...

RESTON, Va. & MIAMI--(BUSINESS WIRE)-- NCI, Inc. (“NCI”), a leading provider of information technology and professional services and solutions to U.S. Federal Government agencies, and H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investment firm, today announced the successful completion of the previously announced transaction amongst the parties, whereby private funds managed by an affiliate of H.I.G. acquired all of the outstanding common stock of NCI. The transaction was effected through a previously anno...

 PRESS RELEASE

Affiliates of H.I.G. Capital Successfully Complete Tender Offer to Acq...

RESTON, Va. & MIAMI--(BUSINESS WIRE)-- H.I.G. Capital, LLC (“H.I.G.”), a leading global private investment firm, today announced the successful completion of the previously announced $20.00 per share cash tender offer for all of the outstanding shares of common stock of NCI, Inc. (NASDAQ:NCIT) (“NCI”). The tender offer, which was made pursuant to the Agreement and Plan of Merger entered into by NCI and private funds managed by an affiliate of H.I.G. on July 2, 2017, expired at 12:00 midnight, New York City time, on August 12,...

 PRESS RELEASE

NCI Announces Early Termination of Hart-Scott-Rodino Waiting Period fo...

RESTON, VA.--(BUSINESS WIRE)-- NCI, Inc. (NASDAQ:NCIT) (“NCI”), a leading provider of information technology and professional services and solutions to U.S. Federal Government agencies, announced today that the U.S. Federal Trade Commission has granted early termination of the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the pending acquisition of NCI by private funds managed by an affiliate of H.I.G. Capital, LLC (“H.I.G.”), a leading global private equity investm...

 PRESS RELEASE

Health IT and Cybersecurity Expert Joins NCI

ORLANDO, Fla.--(BUSINESS WIRE)-- NCI, Inc. (NASDAQ:NCIT), a leading provider of information technology (IT) and professional services and solutions to U.S. Federal Government agencies, today announced James Bowlin has joined the executive team as vice president of cyber security engineering. He will be responsible for leading NCI’s enterprise strategy for the cyber market. Bowlin brings more than 15 years of experience in cybersecurity, software development, and system of systems integrations across high visibility Dep...

 PRESS RELEASE

INVESTOR ALERT: Brower Piven Commences An Investigation Into The Propo...

STEVENSON, Md.--(BUSINESS WIRE)-- The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of NCI, Inc. (Nasdaq: NCIT) (“NCI” or the “Company”) relating to the proposed buyout of NCI by H.I.G. Capital, LLC. On July 3, 2017, the two parties announced the signing of a definitive merger agreement pursuant to which H.I.G. will acquire NCI in a merger, via a tender offer, worth ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch